With this problem of social instability very much in mind, particular emphasis was given to the “development issue” in the talks at last November’s G20 meetings in Seoul. 4  BIS central bankers’ speeches  It follows on from this that discussions are required within the G 20 framework on surveillance and policy coordination with particular reference to “global systemic risk”.
One hypothesis is that some of the increase represents a temporary rise in the level of productivity reflecting a view that an unusual amount of caution is leading businesses to press workers and facilities to a greater degree than can be sustained over the longer haul.