In addition, the difficulties in finding suitable skills in the labour market could have resulted in firms consolidating their low propensity to invest in new technologies, thereby containing the need for skilled labour. 21. Low returns and low demand for skilled workers are among the reasons that encourage a high number of Italians, especially highly educated young people, to migrate abroad.
In conclusion, all of you have provided important advice including training programs. Shibor has been developing very fast. I believe the existing problems can be addressed in a fast manner so as to make Shibor a benchmark for the money market and for the short end of China’s bond yield curve. 4  BIS Review 12/2008