@tutor2uEcon@lindayueh /1 A central bank is in no way equipped to directly drive the factors of economic growth. The influential factors for economic growth are: Fiscal policy: tax policy (tax rates & savings, the mix of taxes & Marginal Effective Tax Rates on investment in particular). Labour policy:
@tutor2uEcon@lindayueh 2/ Labour policy (education, training, retraining; and other factors related to enabling people to ups kill and learn about better paying jobs they can be productive in). Related to this is education & training systems to help get that training available. Also R&D: private ...