AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Navigating Economic Complexity
This chapter explores the challenges faced by central bankers in adapting to a rapidly changing economy influenced by supply chain issues and fiscal policies. It discusses the implications of U.S. domestic investment plans, particularly in technology and climate sectors, while addressing the political motivations behind these policies and their global impact. The chapter emphasizes the need for a balanced approach to industrial policy that fosters competition and inclusivity for all demographics, particularly in the context of a transitioning labor force.