In general, the dividing line between domestic and international capital markets has become less clear and the "original sin" has become less of a constraint. •  There has been significant progress in debt management practices.
To close this gap, the International Banking Research Network has initiated common research protocols applied to country-specific micro data that allow to share and compare analytical results rather than datasets (Buch and Goldberg 2020).1 The network has analysed the exposure of banks to liquidity shocks, the impact of monetary and macroprudential policies on shock transmission, and the role of banks’ complexity for risks.