Tag: GDP growth
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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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Peru Takes the Other Path
Wall Street Journal: Peru Takes the Other Path (Chart from Mark Perry) It's about 90 minutes flying time from Lima to this jungle metropolis of 400,000. But daily life here is light years away from what it is in the Peruvian capital. After almost two decades of gradual reforms by the central government, Lima is…
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Recession Ahead?
Is there a recession ahead? Here are two graphs (I love graphs) presented in recent posts by economics professor Mark Perry. What do you think? Year-to-Year Real GDP Growth Was Actually 2.5%! Durable Goods Strength Suggests No Recession Also, see today's post 24th Month of Real Disposable Income Growth and a post from earlier…