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.

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

Boosting investment would require reforms on two fronts.

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

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

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