In addition to such policy measures being steadily pursued by the government, the Bank's initiatives to maintain highly accommodative financial conditions and ensure the overcoming of deflation will continue to foster positive developments among firms. In my view, this will lead to improvement in productivity and ultimately to a rise in the potential growth rate.
The initiatives of the public and private sectors, such as those just mentioned, have been carried out in a remarkably wide range of fields. The promotion of women's participation in the economy -- the next topic I will touch upon -- is one example. III.