Draghi: openess is a key ingredient to raise productivity
ECB’s Mario Draghi was speaking at the annual central bankers’ meeting in Jackson Hole, Wyoming.
“Openess is a key ingredient for raising productivity in the global economy. Multilateral cooperation is therefore crucial in responding to concerns about fairness,safety and equality.” Explained the President of the ECB.
The global recovery is improving, but like an increasing number of financial and business leaders, Mr. Draghi warned about demographic challenges to growth.
“The global recovery is firming websiteup,” Draghi said. He noted that in Europe and Japan, “the consolidation of the recovery is at an earlier stage” versus that of the U.S.