The implementation of the Recommendations of the Working Group should result in enhanced usage of the Guarantee Scheme and facilitate increase in quality and quantity of credit to the presently included, as well as excluded, MSEs, leading eventually to sustainable inclusive growth.
In economics, a greater emphasis was given to the role of expectations in the inflation process. Germany, whose central bank enjoyed an exceptionally high level of independence, weathered the storms of the 1970s better than other countries. This was attributed to the consistent anti-inflationary economic policy of the Bundesbank.