It should be noted that information propagation always plays a critical role in the inception and transmission of systemic crisis. Thus, “information” and “intelligence”, or more precisely speaking, market intelligence, is of the utmost importance both for risk detection and for crisis management. Here both bottomup and top-down approaches are absolutely necessary.
Benjamin E Diokno: The COVID-19 pandemic and the economy Speech by Mr Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the Rotary Club of Manila 25th Membership Meeting, Manila, 5 January 2022. * * * Good afternoon, fellow Rotarians.