ECE and Russia rates  network  supervision Russia Poland Hungary Slovenia Czech republic Slovakia  system  debt  4 Alex Cukierman, Central bank strategy, credibility, and independence: theory and evidence, MIT  Press 1992, page 393.
A lasting stabilization of the financial system obviously requires a holistic policy approach which successfully integrates monetary policy objectives into development framework for the financial markets. In the longer term, the response of both public and private sectors to this experience should help create a stronger financial system. Ladies and Gentlemen, On this note, I very much look forward to this two-day symposium. I hope that we will have many opportunities to touch upon various issues about monetary policy and regulatory  BIS Review 141/2008  3  implications of the ongoing events. I wish you a successful, productive and memorable meeting. Thank you. 4  BIS Review 141/2008