4  BIS central bankers’ speeches  Then there are two larger issues- one each in respect of rural and urban poverty alleviation •  Don’t we need a new model to enhance productivity & stop further fragmentation of already smaller land holding – Are DBT/interest subvention long-term answers to these problems?
It is a painful, but necessary, process, which is partly cyclical. Each continent, America, Europe and Asia, must continue making every effort to ensure that this process remains durable. In recent years, particular attention has been paid to the situation and reform agenda in the euro area.