Tag: Emerging Markets
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Emerging Markets as Partners, Not Rivals
New York Times: Emerging Markets as Partners, Not Rivals Greg Mankiw IN his State of the Union address last month, President Obama set the stage for a coming policy debate and his re-election bid with a catch phrase. Six times, he called on Americans to “win the future.” And he used the variant “winning the…
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Emerging markets: Stumble or fall?
The Economist: Emerging markets: Stumble or fall? Will the global financial crisis halt the rise of emerging economies? NOBODY talks about “decoupling” any more. Instead, emerging economies are sinking alongside developed ones. In 2008 emerging stockmarkets fell by more than those in the rich world, and financial woes forced countries such as Hungary, Latvia and…
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The Decoupling Debate: Emerging Markets
The Economist: The Decoupling Debate: Emerging Markets Could recession spread from America? “DECOUPLING” is the source of a great deal of controversy. Economists argue about whether or not emerging economies will follow America into recession. The most pessimistic claim that as economies have become more intertwined through trade and finance, this should make business cycles…