Time for structural change in central bank statistics? How to support the transition to a climate-friendly economy1  Claudia M. Buch (Vice-President of the Deutsche Bundesbank)  We are in the midst of a global process of structural change. Geopolitical risks have increased, addressing climate change has become all the more urgent, demographic trends and digitalisation affect the real economy and our societies.
Still, when bad news from Asian economies began flashing across our screens in the summer of 1997, it didn’t seem to have much to do with us.