Additionally, efforts were made to strengthen the international financial architecture in several international forums, aimed at designing a system which would allow a timely, efficient and coordinated response during global episodes of stress. These turbulent episodes showed that international coordination in implementing policies is more productive and efficient than unilateral implementation.
Renters tend to be younger and have lower incomes than homeowners, so the fact that student loans and used-car payments are a larger share of their income is not surprising, although this trend might be worrisome if it indicates greater difficulties in becoming financially established.