Carney calls for inclusive growth
Mark Carney, governor of the Bank of England, has called on fellow central bankers across the world to pursue policies to create more inclusive growth. The deepening of the relationship between global markets and technological progress has lifted more than a billion people out of poverty, he said in his address to Liverpool audience on Monday. Governor of the BOE since 2013, Carney said that since 1960, real per capita GDP had risen by two-and-a-half times, and that life expectancy had risen by an average two decades. But he warned “despite such immense progress, many citizens in advanced economies are facing heightened uncertainty, lamenting a loss of control and losing trust in the system”.