The amount of money in circulation must not be too low that it could lead to higher interest rates and slower economic growth. On the other hand, money supply must not be too high that it will be inflationary and reduce the purchasing power of the peso. This is a complex and challenging balancing act.
Much more focus was placed on developing bank supervision, and also such supporting frameworks as bankruptcy laws, corporate governance standards and so on. In international circles, there was considerable discussion about the need for some sort of international counterpart to domestic commercial bankruptcy procedures – “standstills”. The countries most affected by the crisis drew their own particular conclusions too.