However, we would like to engage in a dialogue with you about the design of the standardised reporting, so that you have a useful tool for comparing your credits with those of the financial sector as a whole. We hope you will support this work. Thank you. BIS central bankers’ speeches  5
Secondly, there will be a premium on moving up the skill spectrum. This can be seen most clearly in manufacturing where the mass-production of standard items will become dominated by the big Asian countries, and we must find other avenues which are opened up by the possession of more specialised skills. This is more complicated than it sounds.