Here, it is perhaps correct to say that there has been some decline in international attention to the generation of such skills, and may well be an area for coordinated international attention. Finally, being a central banker, I can hardly conclude this address without making some remarks on the financing needs of Asian urbanisation over the next thirty years.
Urban infrastructure typically lasts for long periods of time. Hence, while urban infrastructure investment has to be made ex-ante at the time of rapid urban growth over a period of 10-15 years, benefits may well flow for periods as long as fifty years or more.