With the declining macro risks and the proven financial stability, the saving-investment dynamic grow more robust and contributive to strengthen the structural foundation of the economy. Investors begin to feel confident developing their production capacity. This is reflected in an increased ratio of investment to GDP, even surpassing the pre-crisis level of 1997/1998. Distinguished guests, ladies and gentlemen, 22.
3/5  BIS central bankers' speeches  Third, important lessons from the crisis are that limiting credit growth, improving the capacity of banks to absorb losses and ensuring that banks can be safely restructured or resolved in the event of failure are important elements in maintaining financial stability.