Per capita income and GDP growth increase simultaneously with the lower labor costs and higher level of employability in the general population. In addition, political stability and lower taxes in both individual and industrial sector also encourages investments, both domestic and international. Increase in investors’ confidence is also expected with the fall in red tape and corruption. Hence, the SSX is expected to fall to about 2 - 3%.
Cultural and social changes also result in higher demand for better quality products. With the higher level of employment rate, inflation is also deemed to increase. In addition, increase in demand for better quality products and lifestyle in general will result in an increase in cost of living. In addition, a better environmental condition also results in a higher level of population thus sustaining or increasing the current working population. These translate into a higher inflationary pressure and could result in a higher CEX ranging between 5 – 7%.