One such possibility is offered by securitizations, which allow the separation of the typical banking functions – screening borrowers and originating loans, which continue to be performed by the bank – from financing proper, which is shifted to the market.
Three topics will be at the center of interest: first, the global economic outlook; second, current and future challenges for economic policy; and third, institutional matters, such as the global reform of financial regulation. Let us take a closer look at these three topics. 2. The global economy  The global economy has improved, but growth is still moderate.