Other policies to tackle the crisis Having said that, it should also be clear that we cannot rely solely on central bank policies to address all the consequences of the financial crisis and its fall-out on the economy.
Other policies and measures are required to tackle the challenges we are facing in the financial sector, in the real economy and in the complex interaction between the two. After all, Hillary and Tenzing also did not conquer the world’s highest mountain by themselves; they were helped by a large team that was part of their expedition.