In fact, to promote economic growth, it is crucially important to maintain economic metabolism by smoothly reallocating economic resources toward the sectors with higher growth potential.
However, it is also evident that the most sustainable overall welfare gains are only seen when sufficient attention is given to redistribution. Inequality is a cause for concern, not just in many Latin American countries but also in the euro area. We also reflected on global financial governance and the Eminent Persons Group (EPG) report. The EPG recommendations are comprehensive and far-reaching.