“The recovery is at least six months further off, perhaps nine months. It is important to remember we are talking about a direct impact on the lives of people. This delay will mean fewer jobs and less household income.”
“China's efforts to improve corporate governance and undertake a broad range of structural and institutional reforms will further enhance its competitive position as a financial and trade center of gravity in the region.”
“One wants to make sure that it continues to build and not to be too far ahead of the curve in monetary policy if at the same time fiscal policy is also tightening.”
“To take advantage of these new export opportunities, the region's going to have a lot of job turnover. And most countries in the region don't have unemployment insurance. New mechanisms to help people as they move from one job to another will be important.”
