Second, there exists large potential demand for medical care and welfare services as well as environment-related business, given the aging population and the growing importance of environmental issues. 2  BIS Review 42/2003  IV.
See, for example, figure 1 in Janet Yellen (2015), “The Economic Outlook and Monetary Policy,” speech delivered at the Economic Club of Washington, Washington, D.C., December 2. 23. See Thomas Laubach and John Williams (2003), “Measuring the Natural Rate of Interest,” Review of Economics and Statistics, vol. 85, pp. 305-25. BIS central bankers’ speeches  11