In fact, while the speed of transmission of positive economic events has been an important plus for the world economy in recent years, it is becoming increasingly obvious, as evidenced by recent events in Thailand and its neighbors and several years ago in Mexico, that significant macroeconomic policy mistakes also reverberate around the world at a prodigious pace.
Information and analysis gathered in the context of the Bank's business should be considered a public good – except when the release of such information would compromise the implementation of the Bank's mandate. BIS Review 1/2008  1  Are there limits to transparency? In general, more transparency is better than less. But this does not mean that there are no limits.