Negative Rates in Focus

The video discusses the ongoing debate about negative interest rates, highlighting the perspectives of the BOJ and ECB. It reflects on historical monetary policies since 2008, drawing lessons from the Great Depression. The discussion emphasizes the need for structural reforms to achieve sustainable growth, noting the limitations of monetary policy. The video also explores potential growth rates, economic structure, and the importance of fiscal policy. It concludes with a focus on global economic challenges, particularly in the service sector, and the need for structural reforms to boost growth.

What role does fiscal policy play in improving global growth, according to the discussion?

How does the structure of the economy impact the potential growth rate, especially in developed markets?