You will  2  BIS Review 139/2007  agree with me that a sound financial system is indeed a catalyst for the high economic growth that the country needs to move to new development frontiers. Let me also salute the commercial banks for the various innovative niche products introduced during the year.
4/5  BIS central bankers' speeches  The well-educated benefit from international trade, open borders and new technological opportunities. Education is key if we want to create equal opportunities. We have to take action here if we are to pass Theodore Roosevelt’s “test of progress”. Conclusion Ladies and gentlemen, Europe is a target of criticism – no question about that.