Conduct of Monetary Policy  The Bank has been striving, and will continue to strive, to maintain financial market stability and ensure economic recovery by flexibly providing ample liquidity under the quantitative easing framework. It is also important to strengthen the transmission mechanism of monetary policy so that the effect of monetary easing permeates through the economy.
Globalisation accelerated, spurred by increasing economic freedom, lower international barriers and the revolution in information and communication technologies. Looking back, globalisation has been an enormous, though sometimes underestimated, force for improving prosperity worldwide.