But it seems appropriate, given CEDA’s core focus on economic development, to address the questions: what is the role of finance in economic development and growth? How does the financial system contribute? How can financial events sometimes be detrimental to economic growth? What can be done to ameliorate those risks? What risks do we face at present?
BIS Review 41/2004  1  The Bank has established three formal Consultative arrangements with the following: (a)  the Ministries of Finance in keeping with Part IX of the Agreement - Relations with Participating Governments;  (b)  the Commercial Banks in keeping with Part VIII of the Agreement - Relations with Financial Institutions;  (c)  the Private Sector through a Private Sector Consultative Group as approved by the Monetary Council.