These changes in the financial system – together with the fundamental improvement in the macroeconomic and institutional environment – may have important implications for the way monetary policy is transmitted to the economy: (i) as in industrialised countries, transmission may increasingly occur via market prices rather than changes in quantities and the interest  BIS Review 124/2007  9  rate channel may become more important; (ii) the transmission of monetary policy may be more predictable, thanks largely to the improvement of macroeconomic fundamentals and the stabilisation of inflation expectations; (iii) but financial liberalisation may now make it more difficult to pursue dual objectives in terms of inflation and exchange rates.
Studies actually show women entrepreneurs conducting small businesses are the driving force and are, by far, more successful than men – and, dare I say it, with such empowerment at this level, they are said to contribute more to GDP.