These techniques inevitably involve complex statistical, and thus mathematical, assessments of risk. To reject such techniques solely because they involve mathematical complexity would be inconsistent with the broader direction that banking and its best-practice risk management have been taking over the past decade.
If the current GDP growth rate of around 9 per cent is maintained, a person can hope to see the standard of living multiplying by almost five times in his lifetime. There is evidence of ongoing improvements in total factor productivity and the efficiency of capital use.