Detail Drought Warning; The Euro Crisis and Emerging Markets   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 401 no. 8759 (Nov. 2011), page 79-80. Topik: Banks; Eurozone; Emerging Markets; Economic Crisis Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.69 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel As the rich world lurches from one crisis to the next, a consolation has been that emerging economies, which account for about half of world output, have been growing quickly. Even the wretched euro zone has a few racy emerging markets nearby. Turkey has on occasion rivalled China, with GDP growth of around 9% in 2010. Poland's was the only economy in the 27-strong European Union to avoid recession in 2009. Sadly, euro misery seems to love company. A deep recession in the currency zone would leave few countries unscathed, even in fast-growing emerging Asia. For developing economies closer to home, the euro zone's banks may be the main route by which the suffering spreads. Rich-world investors have been keen on exposure to emerging markets because of low yields at home. But weakening currencies would mean losses on such investments, which could slow--or reverse--portfolio flows. That in turn would further depress currencies, reinforcing a vicious cycle. A few policymakers are alive to the risks. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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