In particular, concerns about growth prospects in emerging markets and unfavourable developments in financial and commodity markets have signalled downside risks to the outlook for growth and inflation, relative to the latest ECB staff projection from September.
Managing incentives: Ultimately, policy evaluations will be used routinely only if the right incentives for conducting them are in place. Administrations can be incentivized to conduct 5/7  BIS central bankers' speeches  evaluations through institutional structures which are conducive to evaluations and legal mandates to evaluate policies.