BIS central bankers’ speeches  3  But today, over 20 years later, there are nearly 4 million more jobs in the economy than there were then. The rate of unemployment, even though it has gone up recently, is just slightly more than half what it was at its peak in the 1990s.
Therefore, I would like to talk further about some crucial issues in the development of financial safety nets, using “balance” as a keyword. Balance between stronger regulation and macroeconomic recovery First of all, balance is needed between stronger regulation and macroeconomic stability. The global economy has been on a moderate recovery path since the spring of 2009.