Sixth, there are many lessons learned since the 2008 global crisis which contribute to a new framework of thinking. Despite the repetitive nature of crisis, we cannot rely on yesterday logic, or solely relying on conventional macro policy to resolve current issues. The introduction of the macroprudential policy strengthens the effectiveness of conventional policy and brings new hope to the crisis recovery.
The question is not if but how our economies will change. The sustainable transition makes sense: environmentally, economically and politically. We need all hands on deck. You are at the heart of the transition. With your expertise and dedication, we stand a good chance of succeeding. Footnotes: 1. Daily News 23 / 08 / 2022 (europa.eu) [https://ec.europa.eu/commission/presscorner/detail/en/mex_22_5123] 2.