Robert Subbaraman
Robert Subbaraman
certainly demand domestic drive economic good growth momentum quarter
The first quarter was certainly strong, and we think it was broad-based growth with good exports, consumption and investment. Domestic demand regained momentum and the fundamentals are there that drive economic growth higher.
asian
Most of the Asian countries' recoveries have been more v-shaped than we first thought.
biggest far korea oil price proves remarkably resilient stronger watching
We'll be watching the oil price and the currency, which would be the two biggest risks. But Korea proves to be remarkably resilient so far to oil and the stronger currency.
against economic excesses focus growth makers policy shift
Policy makers need to shift their focus from stimulating growth to guarding against economic excesses and inflation.
bank buys inflation korea low next rate time
Low inflation buys the Bank of Korea some time before the next rate hike.
becoming challenges changing economy economy-and-economics pressure reforming
There is always pressure and challenges for an economy as big as China's that is changing so rapidly, becoming more market-based and reforming in so many ways.
challenge inequality jobs moving people regions richer rural terms trying urban western workers
There is a lot of inequality in terms of urban workers being a lot richer than rural workers and the coastal regions a lot richer than the western regions, so there is a challenge of trying to find jobs for the people moving to the cities.
job popular
It's not a popular job to be the person to take the punchbowl away from the party. But you don't want to get too much exuberance.
against bank economy economy-and-economics focus good guard korea korean recovery shift
The Bank of Korea has been doing well guarding against inflationary pressures. The Korean economy is having a good recovery and the shift of focus is really to guard against overheating.
currently cyclical economy enjoying growth outlook percent positive strong
Taiwan's economy has strong fundamentals and is currently enjoying a cyclical upswing. We have a positive outlook for the economy (after the election), forecasting 7 percent growth for the year, and 6.5 percent in 2001.
government korea money news
The only real news was that the Korea government is going to inject some money into some of the banks.
closer likely ratio revised
It is likely that the investment-to-GDP ratio for 2004 will be revised down closer to 40 percent.
domestic economy foreign korean quite sides starting
The Korean economy could be starting to fire. Now the domestic and foreign sides are going quite strongly.
consider forecasts goes growth higher oil stays whether
If oil stays at $70 or goes higher I would have to consider whether my growth forecasts are too high.