While there is disagreement about what the most effective policies would be, some combination of improved public infrastructure, better education, more encouragement for private investment, and more effective regulation all likely have a role to play in promoting faster growth of productivity and living standards.
*  *  *  Ladies and gentlemen, distinguished ambassadors and members of parliament, I am delighted to be here with you in these wonderful premises of the Museum für Kommunikation in Berlin, the oldest former postal museum in the world, and to be able to open the “Language of Money” exhibition.