Liberal opinion holds that the international monetary and financial system is a device for promoting…
Can Asia Decouple? C.P. Chandrasekhar and Jayati Ghosh
As the global economic situation worsens, there are renewed concerns about the fate of developing countries. The authors consider recent trends in global GDP growth, investment and trade, and argue that the expectations of Asia being able to blithely withstand the latest round of economic crisis are not just over-optimistic but probably wrong.
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(This article was originally published in the Business Line on 20 February, 2012)