differentiated between the ports of the developed countries and emerging economies of places like china india brazil south africa and so on. and they're they're shifting quite strongly to being more developed than large middle classes. the meeting a lot more consuming a lot more. so it's a very complex issue the bauble on is though that i think in the longer term if you're interested in goal and human rights every human on to have an equal right to pollute and the atmosphere how we get from here to there is a very difficult question. a lot of people talk about the contract and converge approach where the wealthy countries to call a spot for the majority of the problem. need to contract in the contract rapidly in terms of their emissions to laos place quite rightly for four countries tend to come at a problematic use contractions. one final comment from the family about the eu is trying to reform its carbon trading scheme and then as i see it as i started trying to increase the price for industry really is is that part of this crisis is that an essential part of that silly clothes tell me that in in in free marke

india, china, indonesia, brazil, and to some extend south africa. that is about three-quarters of the world in terms of the population. doesn't cover saudi arabia, which has money crawling out of itser ears. they have a different problem if you can call at it problem. so, the issue is, how do you get at the poor? and that was my first job in india, actually. from the early 1960s. so the idea was that since you could not redistribute or have special spending like schools and education, eastern guaranteed employment, which is what they're trying now, then what would we do? so the idea is we would have to go to -- one way is to pull people up into gainful employment, and people at the very bottom levels do use opportunity. pretty well-established. they just want to be able to degree their way into the mainstream economy. and then the other thing, it will. draw revenues, and revenues can be -- wanted to do some social spending to be able to do it. god is asleep up there. doesn't have any money so we have to grow our own. >> let me interrupt for a second

india, china, indonesia, brazil, and to some extend south africa. that is about three-quarters of the world in terms of the population. doesn't cover saudi arabia, which has money crawling out of itser ears. they have a different problem if you can call at it problem. so, the issue is, how do you get at the poor? and that was my first job in india, actually. from the early 1960s. so the idea was that since you could not redistribute or have special spending like schools and education, eastern guaranteed employment, which is what they're trying now, then what would we do? so the idea is we would have to go to -- one way is to pull people up into gainful employment, and people at the very bottom levels do use opportunity. pretty well-established. they just want to be able to degree their way into the mainstream economy. and then the other thing, it will. draw revenues, and revenues can be -- wanted to do some social spending to be able to do it. god is asleep up there. doesn't have any money so we have to grow our own. >> let me interrupt for a second

but if you look at the bricks -- brazil, russia, india, china, south africa -- the brick is china, and others have not yet built a framework that is going to be very stable. the chinese have actually produced a plan which nobody understood at the beginning, and now as time has gone by, it looks better and better including radical changes of changing the one-child family gradually. china grew for 40 years at 10%. it just outstripped korea which up to that point was the fastest for the longest. the rule of 70 says if you're growing at 10%, you double every seven years. so in that period today increased gdp by two the fifth plus something which is unprecedented in history. and it looks like from the third plenum that they've got most of what they should do including structural changes in place. so that's good news. now, whether they'll be able to do it and whether in the end they'll be driven back to bank financing under orders from the government, we don't know. that probably could happen. for the others, today actually have to improve their policies, and this is a sad story of life that