https://www.ecb.europa.eu/press/key/date/2020/html/ecb.sp201124~bcaebee7c0.en.html  1/13  24/11/2020  COVID-19 and monetary policy: Reinforcing prevailing challenges  Slide 2 Secular decline in euro area inflation reinforced by pandemic  Low inflation can be the outcome of favourable economic developments. Globalisation, for example, together with significant advances in the way manufactured goods are produced, has made many consumer goods cheaper over time.
Paul A Acquah: The ECOWAS Trade Liberalization Scheme Welcome remarks by Dr Paul A Acquah, Governor of the Bank of Ghana and Chairman of the Committee of Governors of ECOWAS Central Banks, at the meeting of the Committee of Governors of ECOWAS Central Banks, Accra, 30 August 2005.