And we need to address those preoccupations. Conclusion Let me conclude. We have each been asked to suggest legacies of the pandemic. These legacies are numerous and far-reaching—the toll of the lives and livelihoods lost, the foregone economic output, social upheaval, changing trade patterns and lasting debt burdens.
In contrast, it is always hard to track in quantifiable terms the utility and impact of policy research undertaken in central banks, a major part of which is used internally and not published. I take this opportunity to place on record my appreciation of the excellent work done by the DEPR in these turbulent times.