(4)  Investment in human capital and educated labour force  Entering a phase of innovation-driven development has presupposed the interplay of several fundamental factors, including an efficient education system, a consistent and predictable policy environment, and a sound basic infrastructure. Most of these preconditions were in place before the 1990s.
Mark Carney: Summary of the latest Monetary Policy Report Opening statement by Mr Mark Carney, Governor of the Bank of Canada, at the press conference following the release of the Monetary Policy Report, Ottawa, 22 April 2010. *  *  *  Good Morning.