BIS central bankers’ speeches  3  Economies that can adjust quickly to shocks and grow Building economies that are resilient and flexible entails that wages and prices can adjust to economic conditions, and that resources can reallocate swiftly across firms and sectors.
In the corporate sector, firms still strongly feel that they have excess equipment and that they should reduce their debts to restore financial soundness. However, it is very likely that fixed investment in high-growth sectors, including those related with information technology services, will increase as corporate profits continue to recover.