Often the difference between the vicious and virtuous circle is simply the time horizon over which people are incentivised to operate. Te Pūtea Matua has a lot to learn from you, as do business owners globally. A real-life example of business based on long-term values. This is, in part, why we have introduced a Te Ao Māori strategy7 at Te Pūtea Matua.
Addressing the fundamental weaknesses in the EU’s architecture The ECB, of course, has not been alone in reacting to the crisis. The crisis brought to the surface the fundamental weaknesses in the EU’s institutional structure. As a result, important initiatives have either been taken or are in the process of being taken at the EU level.