A number of studies indicate that economic education has – to put it diplomatically – some room for improvement. The Bundesbank has therefore expanded its economic education programmes in recent years. By using educational materials and organising various types of events, we want to improve to the best of our ability the general public’s understanding of monetary and foreign exchange policy issues.
In a world of pervasive globalisation and relentless technological change, our future prosperity will indeed depend on our ability to generate and exploit new knowledge and ideas. A key factor for promoting innovation and technological diffusion is research and development. Most innovations result from entrepreneurial activities or investment in research and development.