There were virtually no errors, and the few problems discovered were remedied quickly. That cross-border test is one example of a broader development. We are getting increasingly positive information regarding the preparedness of core financial systems overseas, importantly including payment and settlement systems, that could, if not prepared, trigger difficulties in the world’s financial operations.
New Jersey: Princeton University Press. 11  The comparison with other emerging markets relies on International Monetary Fund (IMF) World Economic Outlook (WEO) data for 2001-2015.