(5)  The current turmoil  Let me turn to the recent financial crisis and pose the question of whether there was evidence of excesses in financial markets in the years before the crisis erupted in August 2007. In the years before the crisis, low and stable consumer price inflation was accompanied by asset price inflation that reflected underlying imbalances.
Developing a skilled workforce Developing a skilled workforce is about education, training and continuous learning. It’s also about reducing the barriers to participation in the workforce. We know that the fields of science, technology, engineering and mathematics (STEM) are an important part of the equation.