This is an institution based on the representation of countries based on their economic weight in the world economy. The world economy is not a frozen thing; it changes over time.
We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy.
Oil prices have certainly become a threat for the world economy.
So the American economy needs the world, and the world needs the American economy.
We see the world economy growing faster than we expected in September.
The impact of oil on the global economy has so far been moderate, but it remains a serious risk.
So we see clearly that the Indian government is moving in a path of reform that will allow the Indian economy to perform on a strong footing in future. We think that the prospects for the Indian economy are very good.