In other words, higher productivity growth can explain why the economy’s average growth rate is faster, but I do not think it can provide an adequate answer for why the expansion will last longer. To do this, I think a macro-economic explanation is required.
The phrase “critical and responsible use”, pertains to utilizing those funds for a “right purpose”. As such, the driving force behind financing through the capital market is not only directed towards economic growth and financial stability, but more so on incorporating sustainability goals. At this point, let us look more closely at sustainability principles and goals.