Anand Sinha: Gauging the potential of emerging markets – can growth be achieved with durable financial stability Opening remarks by Mr Anand Sinha, Deputy Governor of the Reserve Bank of India, at the 2nd FT-YES Bank International Banking Summit, Mumbai, 15 October 2012. *  *  *  Inputs provided by Ajay Prakash and Yarasi Jayakumar are gratefully acknowledged. 1.
On top of this, here in Korea, population aging is bringing about increases in youth unemployment, elderly poverty and  2/6  regional imbalances. As severe polarization will deepen social conflict, thereby undermining our growth potential, this will have to be addressed as well. Another challenge we face is the rapid growth in household and government debt.