The second factor, although this overlaps with what I pointed to earlier as one factor affecting global economic activity, is the improvement in firms' growth prospects backed by their active stance toward fixed investment.
Mario Draghi: Opening remarks at the session “Rethinking the limitations of monetary policy” Speech by Mr Mario Draghi, President of the European Central Bank, at the farewell conference honouring Professor Stanley Fischer, Governor of the Bank of Israel, Jerusalem 18 June 2013.