BIS Review 55/2008  5  The role of corporates over the next few years  Finally, I would like to turn to innovation and the role of the corporates over the next few years. In general, innovation occurs on different levels.
66, No 1, International Monetary Fund, pp. 189-222, financial centre economies are selected on the basis of their ratios of external assets and liabilities to GDP. Among the euro area Member States, this group includes Belgium, Cyprus, Ireland, Luxembourg, Malta and Netherlands.