The fact that these movements overthrew some of the governments, attracted wide reaction from political parties and garnered support of the public at large is enough to prove the youth power. As youngsters,  BIS central bankers’ speeches  3  you are filled with enthusiasm and straining at the leash to get on with life.
In many emerging-market economies, greater exchange rate flexibility is necessary to better manage demand pressures and inflationary risks, while facilitating a global rebalancing of demand. Greater exchange rate flexibility between the United States and China is required to help the recovery in the former and control inflation in the latter.