Tag: emerging economies
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Is China the new idol for emerging economies? – Dambisa Moyo
TED: Is China the new idol for emerging economies? – Dambisa Moyo "The developed world holds up the ideals of capitalism, democracy and political rights for all. Those in emerging markets often don't have that luxury. In this powerful talk, economist Dambisa Moyo makes the case that the west can't afford to rest on its…
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Shopaholics wanted
The Economist: Shopaholics wanted Can Asians replace Americans as a driver of global growth? ASIA’S emerging economies are bouncing back much more strongly than any others. While America’s industrial production continued to slide in May, output in emerging Asia has regained its pre-crisis level (see chart 1). This is largely due to China; but although…
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Emerging Economies: Decoupling 2.0
The Economist: Emerging Economies: Decoupling 2.0 The biggest emerging economies will recover faster than America. REMEMBER the debate about decoupling? A year ago, many commentators—including this newspaper—argued that emerging economies had become more resilient to an American recession, thanks to their strong domestic markets and prudent macroeconomic policies. Naysayers claimed America’s weakness would fell the…
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China and India: Suddenly vulnerable
The Economist: China and India: Suddenly vulnerable Asia’s two big beasts are shivering. India’s economy is weaker, but China’s leaders have more to fear. THE speed with which clouds of economic gloom and even despair have gathered over the global economy has been startling everywhere. But the change has been especially sudden in the world’s…
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Into the storm
The Economist: Into the storm How the emerging world copes with the tempest will affect the world economy and politics for a long time. FOR much of the past year the fast-growing economies of the emerging world watched the Western financial hurricane from afar. Their own banks held few of the mortgage-based assets that undid…
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Quagmire to goldmine?
The Economist: Quagmire to goldmine? The rapid growth in developing countries prompts a rethink by drugs companies. BRAZIL has long been a thorn in the side of the global drugs companies. The country's vibrant generics industry has often trampled over their patents. As recently as last year, its government threatened to invoke compulsory licensing (a…