Of course, I would not dare to claim that we initiated the agenda, but some of its key principles are consistent with our paper. The reform package contains a number of important measures along these lines. This is particularly true with regard to labour market policies.
This is leading to historically low  2  BIS Review 85/2008  stock to consumption ratios; the lowest in the last three decades. Just to give you an example, corn inventories are 30% below the average of the last ten years.