17 Quotes by Robert Subbaraman
- Author Robert Subbaraman
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Low inflation buys the Bank of Korea some time before the next rate hike.
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- Author Robert Subbaraman
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Policy makers need to shift their focus from stimulating growth to guarding against economic excesses and inflation.
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It is likely that the investment-to-GDP ratio for 2004 will be revised down closer to 40 percent.
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Most of the Asian countries' recoveries have been more v-shaped than we first thought.
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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.
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The only real news was that the Korea government is going to inject some money into some of the banks.
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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.
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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.
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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.
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