Further actions to boost aggregate demand in Asia will ensure that this miracle is sustained. 3  See, for example, McKinsey Global Institute (2010). Farewell to Cheap Capital? The Implications of Long-Term Shifts in Global Investment and Saving. McKinsey and Company, December, available at www.mckinsey.com/mgi/publications/farewell_cheap_capital/index.asp.
What is very important is that we central bankers, all call for as much cohesion as possible. For us, it’s important to have the various executive branches as lucid as possible, and as aware as possible of what's going on, including, in terms of unit labour costs.