Progress in macro-prudential and financial stability-oriented research  The theoretic foundations in the macro-prudential field are still at a largely rudimentary state compared to other research areas.
This notwithstanding, significant advances in macroprudential research have been made in recent years; in particular fuelled by the lessons learnt during the financial crisis which underscored the need to take a more systemic view to monitoring and assessing risks and vulnerabilities within the financial system and beyond.