I would simply like to add that the global economy, since 2003, has experienced a period of growth without precedent in the post-World War II era. In the past four years the growth rate of the global economy was above 4 per cent, and it is likely this level will be sustained both this year and the next. The global environment is extraordinary, as is global demand, which is reflected in the increase in commodities prices.
On May 30th, 2006. See this statement in context.