But, we have the greatest difference in reading performance between students from different socio-economic backgrounds out of all OECD countries, and the PISA scores for Maori and Pacific Island students are much lower than the average for students of European descent. Over the past 15 years, unemployment rates for Maori and Pacific Islanders have been three times that for the European population.
Going forward, as China’s financial market evolves and the share of direct financing rises, part of the debt financing will be converted into equity financing, which will 3/5  BIS central bankers' speeches  facilitate stabilization of macro leverage ratio. Third, the shadow banking sector has been better regulated.