Macroeconomic and Financial Vulnerability Indicators in Advanced Economies

The crisis we have just been through showed that surveillance systems in advanced economies were at the same time essential and insufficient. Indeed, existing indicators have been ineffective to anticipate the crisis, its propagation and some of its consequences. As a consequence, a more in-depth analysis is now required. Although already underway in the European context, new methods, tools and new indicators to anticipate macroeconomic and financial vulnerabilities have to be studied and discussed.[…]