For example, the crisis has shown that even differences in regulatory regimes can trigger arbitrage-based action and dilute the efficacy of domestic policies. Impossible trinity 18. The best way to understand the challenge of monetary policy formulation in a globalizing world is through the “impossible trinity” trilemma.
It is indeed an honor and privilege for me to be part of this occasion. I am very encouraged when financial institutions in Solomon Islands expand their services through opening of new branch facilities and financial products in the country. This allows financial deepening in the economy and brings banking financial services closer to their clients and the people.