However, I believe that the possibility of the increase in energy prices continuing for a relatively long period cannot be ruled out, unlike in the past. This is due to the urge to shift to using alternative energy, reflecting global efforts to address climate change risks.
BIS central bankers’ speeches  3  3.1  The digital single market  Ladies and gentlemen, economic textbooks are in complete agreement on what drives productivity: technological progress. In recent years, technological progress has been heavily influenced by IT. As is so often the case, economists cannot quite agree on the scale of the contribution made by digital technologies.