Ifzal Ali
Ifzal Ali
benefit create growth jobs nation order paying population rapid steadily
In order for rapid population growth to matter, a nation must steadily create good, decent- paying jobs to benefit from it.
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.
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.
alone economic growth solve strong
Strong economic growth alone won't solve the problem.
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.
affluent youth
We see more affluent youth going in for consumption, which is something that's very new for this part of the world.
across bombay change flood growing happened historic huge last pose risks saw similar year
This is a change of historic proportions that will pose huge development challenges. You saw what happened with one flood in Bombay last year -- we could see similar and growing risks across Asia.
growth high process sustaining
Strengthening the inclusiveness of the growth process is a precondition to sustaining high growth rates.
against asian fight progress
Asian governments are making significant progress in the fight against poverty.
arriving asia biggest needs people plus stations sure train turn urban
Asia needs to make sure its demographic dividend doesn't turn out to be its biggest problem. All those people arriving at urban train stations could be a big plus or a big minus.
asia certain clip clouds fairly fast
Asia is cruising at a fairly fast clip but there are certain clouds on the horizon.
close developing economies economy expected firm global growth industrial key major potential remains strength trade
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.
benefits economic growth high poverty rapid rates reduction requires
Rapid poverty reduction requires not only high rates of economic growth but also that the benefits of this growth be distributed more equitably.
continue despite developing optimistic
Despite all of this, we continue to be cautiously optimistic on developing Asia.