You can imagine that any further uncertainty with respect to Bolivia will also have an impact on prices.

China needs to continue to tighten monetary conditions. There is a need clearly for additional measures.

This year should be another good one for Asia. At the same time, inflation remains subdued.

India appears poised to grow rapidly in the future but such an outcome is by no means assured. Moving faster with reform in the current optimistic environment will have large payoffs.

Japan’s recovery is becoming much more entrenched. In Europe there is growing hope growth will pick up. Also, the U.S. and China are performing very well.

Boosting investment would require reforms on two fronts.

India is increasingly opening its economy and reaping the benefits of globalization.