All that changed, when in 2001, a woman was appointed as the first female Head of Division in the Central Bank and we have had a number of senior female appointments since. This changed my point of reference, and I know the reference points of many other senior women in our organisation.
Thus, the crisis has recalled a key point: The finance-growth nexus is not just a long-term phenomenon but has an important cyclical component that was widely underestimated prior to the crisis.