Could you provide the whole sentence? What they are referring to by "bouclage" is the cause-and-effect linkage between economic phenomena. For example, if wages go up, employment goes down: if interest rates are raised in a country, its currency goes up, etc.

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Note added at 4 days (2008-06-11 04:05:46 GMT) Post-grading
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I said macroeconomic relationships, and that is good, but as often happens, I think of the absolutely perfect translation in the middle of the night. That might be "We have considered the macroeconomic ramifications". Probably too late, but if it comes up again...