Hence, we need to find solutions to global problems together. Sharing data and information is a core element of these common solutions. Detailed health-related information is available globally, the development of vaccines has been promoted through sharing of relevant information, and many analytical projects use detailed granular data to assess the economic impacts of the pandemic.
So what does all of this imply for us as central banks and providers of statistical information? Let me answer this question through the lens of financial stability. The Corona pandemic clearly demonstrated the importance of coordinated and timely policy responses. All over the world, governments took health policy measures to contain the disease from spreading.