Macroeconomic structure I propose to capture the macroeconomic trends in the decade of 2000s as the information on the net state domestic product (NSDP) is available up to 2009–10. The last decade was characterised by accelerated economic growth at the all-India level.
Table 1: The Reserve Bank’s tool kit RBNZ tools Institutional rules  Transparency Financial requirements  Funding & liquidity  Self Market Regulatory Permanent Governance Risk management Attestations Licensing & NZ incorporation Outsourcing Disclosure Minimum capital requirements/solvency standards Conservation & counter cyclical buffers Sectoral Capital Requirements Core Funding Ratio Loan to value restrictions Liquidity standards  Collateral standards / RMOs LoLR Foreign exchange intervention Infrastructure FMI rules and powers Monitoring Financial Stability Report Stress testing Supervision & engagement Thematic reviews Enforcement Investigations Directions Monetary OCR policy Crisis OBR management Statutory management  Ref #7821869 v2.0  Time Event varying  5  Figure 2: The cost of recent bank failures on society Fiscal cost as % of banking system assets Uruguay (2002) Korea (1997) Greece Finland (1991) Czech (1996) Japan (1997) Iceland Ireland Netherlands Slovenia Sweden (1991) UK Norway (1991) USA Belgium Austria Spain Denmark Germany France Luxembourg Italy Portugal  Source: IMF (2013) Systemic Banking Crisis Database 0.0  5.0  10.0  15.0  20.0  % of banking system assets  Figure 3: The capital-output ‘sweet spot’  Ref #7821869 v2.0  25.0  30.0  35.0