I will confine my remarks to three areas: monetary policy, confidence in the banking sector and initiatives that target the mobilisation of funds from capital markets thus broadening the sources of financing the economy.
Indeed, fresh investment often embodies new technology and serves to further increase productivity. The composition of investment matters too. The nature of the production process determines the amount and type of capital (and investment) required. Services, for example, generally require 2/9  BIS central bankers' speeches  less investment than oil sands or motor vehicle production.