Remarks by Carolyn A. Wilkins – Senior Deputy Governor
G7 Symposium on Innovation and Inclusive Growth
Montebello, Quebec, February 8, 2018
Her remarks cover three subjects :
Technological progress will raise economic growth, although the channels through which it contributed to rising inequality in the past are still forces to be reckoned with.
It doesn’t have to be this way—if we apply fresh thinking in some key areas, we can make policy choices that manage the side effects of innovation, without stifling it.
Policy-makers themselves need to dig into the technology—the better we understand it and the underlying business incentives, the better policy choices we will make.