If there are actually common cycles in monetary, financial and real economic activity and inflation, it would be appropriate to adopt a longer-term perspective that concentrates on avoiding boom-bust cycles. Structural models that incorporate these interactions should be helpful to answer a crucial question: to what extent can monetary policy contribute to preventing excessive liquidity and financial bubbles from building up in prosperous times?
The mandated discipline of disclosing effective interest rates may help micro lenders in focusing on steps they can take to increase their efficiency and thus lower their rates. ¾  Fourth, options to enhance the access to credit for the lower income group can be augmented by the combination of credit bureaus and statistical risk-scoring techniques.