Growth - what does it take in today's world?
25 March 2025 · Andrew Bailey , Governor of the Bank of England (United Kingdom)
Summary written by Dark Majestic in its own words · topics: growth, investment and productivity , technology, ai and cyber risk
AB 25 Mar 2025 · Andrew Bailey Wiki · Bank of England Wiki Growth - what does it take in today's world? Context Lecture by Andrew Bailey, Governor of the Bank of England, at the Chancellor's Distinguished Lecture Series, The University of Leicester, Leicester, 25 March 2025.
Why it matters Bailey examines why productivity growth slowed and links global imbalances to weak Chinese consumption.
Problems raised Growth slowed before the financial crisis. Technological innovation's pace declined. Weak domestic demand in China creates imbalances. Solutions proposed Understand what drives growth. Encourage innovation. Have China consume more. Read full speech on bis.org ↗ More from Andrew Bailey · Bank of England · all speeches
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