We wish to introduce the inaugural issue of SEACEN Staff Policy Analysis, a new publication of the SEACEN Centre intended to provide in-depth analysis of topical policy issues in macroeconomics, monetary policy, financial stability, and payment systems with emphasis on contextualising these issues to the SEACEN economies. This inaugural issue takes a look at the relationship between credit cycles and the countercyclical capital buffer (CCB) proposed under Basel III.
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