Second, policymakers should take care to look through the headline national and financial accounts data, in order to develop and communicate alternative policy targets that are not affected by the various statistical issues that have been much discussed in recent weeks. Conclusions I have covered a wide range of topics. Still, it is possible to identify some common threads that underpin the analysis.
Take finally the number of Nobel prizes awarded, which reward the highest achievements in science, literature and peace. Here again, emerging markets seem to be growing in importance. Back in the 1980s, 24 nationals from emerging market countries were awarded a Nobel prize. Within only six years of the new millennium, this figure is already almost as high (22).