In the demand side, Asia requires huge investment in infrastructure projects to attain and sustain high economic growth. Such infrastructure projects suffer from both equity and debt financing challenges. Equity financing is linked to risk taking by the savers who want to invest while debt financing related to the limitations of banks and financial institutions to invest for long term.
However, under my baseline outlook, these one-time increases in prices are likely to have only transitory effects 1/3  BIS central bankers' speeches  on underlying inflation, and I expect inflation to return to—or perhaps run somewhat above—our 2 percent longer-run goal in 2022 and 2023.