Ifzal Ali
Ifzal Ali
asia denial high improve oil potential time tremendous
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.
cent easily five growth per six step within
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.
against education good increase jobs needs number plan prepare region safeguard
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.
continue despite developing optimistic
Despite all of this, we continue to be cautiously optimistic on developing Asia.
alone economic growth solve strong
Strong economic growth alone won't solve the problem.
continue drawing expansion expected growth healthy internal south strong structural
The healthy expansion is expected to continue drawing on strong internal dynamics, particularly, growth in the PRC and structural improvements in South Asia.