The Bank will engage with broader labour market and social development issues in order to develop a holistic, more integrated knowledge base and policy oversight. This series offers stakeholders the opportunity to share their perspectives on monetary policy vis-à-vis labour markets and social development debates.
Note that the idea of improving the stability of the financial system by regulating individual bank capital has been around for decades. Global policymakers began construction of the modern risk-based, bank capital framework in the 1980s, when the aforementioned Latin American debt crisis increased concerns that the capital held by large international banks was deteriorating.