Financial System and Macroeconomic Resilience

34 Pages Posted: 1 Aug 2008

Date Written: July 1, 2008


On 18-19 June 2007, the BIS held its Sixth Annual Conference, on "Financial systems and macroeconomic resilience", in Brunnen, Switzerland. The event brought together senior representatives of central banks, academic institutions and the private sector to exchange views on this topic. This BIS Paper contains the opening address by William R. White (Economic Adviser, BIS), the contributions to the policy panel on "Coping with financial distress in a more markets-oriented environment" and the prepared remarks of the participants at the overview panel of the conference. The participants in the policy panel discussion were Donald Kohn (Board of Governors of the Federal Reserve), Armýnio Fraga (Gývea Investimentos) and John Gieve (Bank of England). Yi Gang (People's Bank of China), Stanley Fischer (Bank of Israel) and Lucas Papademos (European Central Bank) participated in the overview panel, which was chaired by Malcolm Knight (BIS).

JEL Classification: E50, G10, G11, G21, G24, G28

Suggested Citation

Settlements, Bank for International, Financial System and Macroeconomic Resilience (July 1, 2008). BIS Paper No. 41, Available at SSRN:

Bank for International Settlements (Contact Author)

Bank for International Settlements (BIS) ( email )

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Basel, Basel-Stadt 4051

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