Emerging markets losing speed

"The greatest challenge to continued growth in emerging markets is to make growth more inclusive. The lowest rung of our societies must be brought up......We always say in India that not only are we the world' most populous democracy, but the world's noisiest as well. Yet it is through this debate that we all move forward."

           -- Diidar Singh, Secretary-General, FCCI, India

"If you look at the top 10 highest growth economies in 2012, six were African and four were Asian. So clearly there are going to be different growth poles when we talk about emerging markets in the future......Countries like Indonesia, Malaysia and others are witnessing steady growth but to sustain it, we need to focus on macro-economic stability, innovation and reform."

           -- Mari Pangestu, Minister of Tourism and Creative Economy, Republic of Indonesia

"While China is encouraging the shift to a consumption-based economy, huge resource pressures mean we must pay attention to sustainability as well. Sometimes the price we pay is in terms of certain restrictions, such as on vehicle purchases in major cities."

           -- Zhang Xiaoqiang, Vice-Minister, National Development and Reform Commission, China