22 ordspråk av Ifzal Ali

Ifzal Ali

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Governments must invest, plan and safeguard against things like that. At the same time, this region needs to increase the number of good jobs and education to prepare for fast-growing populations in cities.

Asia is cruising at a fairly fast clip but there are certain clouds on the horizon.

In order for rapid population growth to matter, a nation must steadily create good, decent- paying jobs to benefit from it.

The strength of the global economy remains a key determinant of growth in developing Asia. The major industrial economies are expected to grow close to potential and global trade will remain firm this year.

We see more affluent youth going in for consumption, which is something that's very new for this part of the world.

Strong economic growth alone won't solve the problem.

Governments have no option but to perform.

We will have to revise our projections downwards if oil prices remain at 70 dollars a barrel.

Strengthening the inclusiveness of the growth process is a precondition to sustaining high growth rates.

Just look at the organized sector of the economy in a country such as India, which employs less than 10 percent of workforce, you are worrying about this when there is a multitude of people completely being bypassed.

In India, for example, we could step back from 7-8 per cent growth to 3-4 per cent growth very easily within five to six years if unemployment and underemployment is not addressed.

The outlines of an Asian employment crisis are already taking shape. Strong economic growth alone will not solve the [region's] problem.

In Asia, for a long time we have been in denial about the sustainability of high oil prices. There is tremendous potential for Asia to improve efficiency.

We are already witnessing major strains in many of our developing countries,

We are seeing a huge increase in all import bills. Some of them are beginning to feel pressure on the external balance of payments. Fiscal strains in India, Indonesia, Bangladesh are particularly huge.

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