If these are strong, the case for an activity component in policy-making is weaker. To put this more specifically, will the in-built stabilising forces operate more quickly than the lags in monetary policy? The important empirical issue here is the lags in policy, interacting with the uncertainty of forecasts.
From a legal perspective, using false information to defraud financial facilities from banks  BIS Review 46/2004  1  or other non-bank financial institutions is illegal. Laws and regulations that can discipline and punish such acts should be put into place. The second aspect of enterprise reform is to quicken the steps of reform to build up enterprises’ capital.