The Governor of the Reserve Bank of India, Raghuram Rajan considered in his lecture the current global economic environment and discussed various approaches to reforming global governance.

The digital transformation creates scope to make workflows and production processes more efficient. To quantify the impact of digital transformation on labour productivity, research often focuses on investments in digital technologies. This perspective neglects the fact that digital intermediate inputs, such as microchips or integrated software, also represent an important transmission channel for the efficiency gains from digitalisation. In a new study, Bundesbank researchers have examined how efficiency gains in the digital sectors have affected labour productivity in Germany, France and the United States.

Nach Einschätzung von Bundesbank-Vorstandsmitglied Andreas Dombret sollen Banken den digitalen Wandel nutzen, um Geschäftsmodelle zu entwickeln, die den Bankensektor nachhaltig stabiler machen und die Bedürfnisse der Kunden konsequent in den Mittelpunkt stellen.