If, in fact, the contribution of investment spending to growth is declining, the constraints can only become more binding, further aggravating inflationary pressures if the growth momentum is kept going by other components of demand. I will end this section with a brief discussion on the monetary and fiscal policy trajectories during this period.
How digital illiteracy might hamper financial institutions Let me begin with the perspective of digital natives as I have defined them. And I will concentrate on three predispositions of non-specialists which, to my mind, are most substantial for financial institutions. 1. IT matters are oversimplified 2. IT risks are underrated 3. Digital opportunities are underestimated You may have witnessed some of these biases yourselves.