59  As discussed by Morton (2011), this quote is widely attributed to Gandhi but is likely a case of paraphrasing his actual words. Specifically, the PSHE component of the curriculum. https://www.speakers4schools.org 62 These and other initiatives were discussed at the Future Forum hosted by the Bank in Liverpool a couple of weeks ago. 60 61  15  All speeches are available online at www.bankofengland.co.uk/speeches  15  The Bank has for a long time run a schools competition, Target 2.0. This had many virtues, but diversity was not one of them. In the 16 years the competition ran, independent schools accounted for 43% of the total participants and 56% of the national champions – large multiples of their population share. The Bank’s new film competition, “Bank, Camera, Action” hopes to level that playing field. In its first year, this attracted 106 entries, with 80% of participating schools from the state sector. Conclusion A few months ago, I was giving a talk at a school in one of the poorest towns in the UK – indeed, one of the poorest in the EU. The school had a “Needs Improvement” rating from Ofsted. It had had 50% - that’s five, zero – teacher turnover the previous year. The children attending were from poor backgrounds and had very low academic and career aspirations. I knew this was going to be a tough gig.
When it comes to practice, the number of decision-makers, decision-making protocol, and principals in attendance diverge markedly among the leading central banks, suggesting for committee dynamics to be appropriately adjusted conditional on the institutional set-up and specifics of the central bank. BIS central bankers’ speeches  3