The possibility that macroeconomic risks could again hit a financial sector that has yet to reorganize is a source of vulnerability of which we must be aware. Sustaining growth and easing tensions on the financial markets remain crucial to guaranteeing that this vital component of the economic system is fully functional.
Many of the policies implemented to fight this crisis carry the risk of economic nationalism. Uncoordinated national policies fail to take into account the complexity of the financial system. The interconnectedness of the financial world should have made it utterly unthinkable to act unilaterally. This does not just apply to measures targeting the soundness of financial institutions.