Also, some recent research suggests that strong city-regions are a necessary – even though they may not be a sufficient – condition for ensuring optimal economic growth. Final report of a study entitled: A framework for City-Regions, commissioned in December 2004 by the Office of the Deputy Prime Minister in the United Kingdom.
Mr president, ladies and gentlemen Let me start by applauding BAM executive management for being foresighted in fostering discussions and debate on issues that affect the banking industry and thus the entire economy. It is through occasions like this one that the financial and banking experts in this country can make enormous contribution to the policy making process.