Gordon, Robert J (1999), Has the “New Economy” Rendered the Productivity Slowdown Obsolete?”, Working paper, Northwestern University, 14 June. Issing, Otmar (2000), European Integration at the beginning of the new millenium, Excerpts from lecture given at the Forum Dialogue, organized by the Banque Central du Luxembourg, on 8 February 2000 in Luxembourg.
But I can assure you that we are not complacent about our past achievements. We recognise that new and important challenges are constantly emerging, and we are aware that credibility and confidence are assets that central banks can develop only gradually but that can be lost rapidly if the central banks are not vigilant at all times.