The Great Slowdown; Emerging Markets  

Oleh:

[s.n]

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 404 no. 8794 (Jul. 2012), page 10.
Topik: Developing Countries--LDCs; Emerging Markets; Economic Growth; Manycountries; Global Economy

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.72 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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In the past decade emerging markets have established themselves as the world's best sprinters. As serial crises tripped up America and then Europe, China barely broke stride. Other big developing nations paused for breath only briefly. Investors bet heavily that rapid growth in emerging markets was the new normal, while leaders from Beijing to Brasilia lectured the world on the virtues of their state-centric economic models. Lately, though, the sprinters have started to wheeze. Last week China reported its slowest growth in three years. No crisis looms, but serious concern is justified, for the emerging world faces two distinct risks: a cyclical slowdown and a longer-term erosion of potential growth. The first should be reasonably easy to deal with. The second will not.

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