Ahead of us is also the strengthening of human capital. In order to respond quickly and efficiently to modern day challenges, in accordance with democratic principles, in future we will also need people able to make impartial and responsible decisions in the general interest. Conveying knowledge and developing human capital – that is the best investment for the future.
The  BIS central bankers’ speeches  3  growth forecasts for 2012 range between 2,5 per cent and 3,0 per cent, with the latest forecast of the Bank being 2,8 per cent. This followed successive downward revisions during 2011 as the European crisis intensified.