In 2000 he wrote: “A reversal of trend could come from (a) a strong and efficient public stimulus to innovation; (b) the opening up of retailing to large-scale distribution; and (c) the application to self-employment of effective tax treatment similar to that found in Italy’s partner countries” (2000, p. 90).
Along with this, I also perceived a growing momentum for central banks to pool their wisdom and act together to solve these challenges. These efforts are beginning to bear fruit.