How should we characterise and respond to episodes of financial boom and bust – the financial cycle? iii. What determines the amount of systemic risk we are exposed to, and how can we identify and analyse it? The positive news is that in each of these three areas much has been learnt since the crisis.
Thank you very much. Wassalamu’alaikum warahmatullahi wabarakatuh. Surabaya, 27 October 2016  Agus D.W. Martowardojo Governor of Bank Indonesia  8