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.
More Quotes from Ifzal Ali:
Governments have no option but to perform.Ifzal Ali
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.
Ifzal Ali
In order for rapid population growth to matter, a nation must steadily create good, decent- paying jobs to benefit from it.
Ifzal Ali
The healthy expansion is expected to continue drawing on strong internal dynamics, particularly, growth in the PRC and structural improvements in South Asia.
Ifzal Ali
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.
Ifzal Ali
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