Comment by Ajay Banga

We have, over the next 12 to 15 years, 1.2 billion young people in the emerging markets who will become eligible for a job in the sense they will come to the age of 18. And yet those very same economies are currently projected to produce around 400 million jobs. [...] Growth is a necessary condition, but not a sufficient condition for job generation. That's the big insight that's coming out with this technology kind of revolution. Unverified source (2026)