Sabine Lautenschläger: Central bankers, supervisors and climaterelated risks Panel remarks by Ms Sabine Lautenschläger, Member of the Executive Board of the European Central Bank, at the NGFS (Network for Greening the Financial System) conference, Paris, 17 April 2019.
But, today, I will focus on three economic issues which are interrelated and have a particularly strong impact on Japan’s macroeconomic performance: first, the delay in cleaning up the balance sheet of firms; second, changes in economic growth mechanisms under globalization; and third, the imbalance between savings and investment. IV.