Whether an increase in demand will be properly controlled and emerging economies will make a soft landing, in a manner that price stability successfully goes together with economic growth, is likely to remain highly uncertain for some time. The inflationary pressure in emerging economies is partly induced by a rise in international prices of mineral resources and foods.
In order for emerging economies, and eventually the global economy, to achieve high growth in the medium to long term without increasing  BIS central bankers’ speeches  3  inflationary pressure, I believe it so important to make efforts on a worldwide basis in innovation of resource and energy saving as well as in improvement in food productivity.