There are, however, some complications. A number of Asian countries have been experiencing worrying increases in property prices. Low interest rates and easy financial conditions have contributed to this. Arguably domestic financial conditions in these cases need to be tighter, not looser. So it is not clear that monetary policy would be the best option to boost domestic demand.
A very important conclusion in Lisbon was that no more coordination processes are needed and that the existing processes should be simplified. It is also very reasonable that the BEPGs now focus increasingly on structural policies. That can be a vantage point for the coordination processes to accomplish better-then-expected results in future.