Policymakers should look to implement preventative measures to ward off the next “bust”, according to a panel of experts on April 21, who said some sort of crash is inevitable.

Speaking at the International Monetary Fund’s annual meeting this month, Hélène Rey, professor of economics at the London Business School, said implementing policy during the “good times” was “very important”.

“This is a challenge for policymakers,” she said, noting there is a stigma attached to acting before a problem