Second, the emerging countries themselves have also implemented aggressive stimulative measures in response to the current crisis. Unlike the advanced countries, the emerging economies were not facing the problem of balance-sheet adjustment and potential demand was strong to start with, thus the multiplier effects of fiscal stimulus might have been significant.
Whereas, in the first years of operation of the financial system, the focus was on creating the conditions for providing basic financial services for the country's economy, now we have reached a level where more attention is given to the quality of these services, where undoubtedly, activities aiming consumer protection of financial services occupy a very important place.