Besides monitoring the development of risk, DNB also seeks methods to make integrity supervision more efficient. This is aptly illustrated by the so-termed self-assessments, whereby institutions assess their business integrity with the help of questionnaires. DNB subsequently examines these self-assessments. This is an efficient way to chart the risks within a sector without having to visit each institution individually.
The same is true for a tighter fiscal policy. There is a clear theoretical rationale for a tight fiscal policy and loose monetary policy mix, and this was at the heart of the macro-economic proposals of the Harvard-led international panel in 2007.