Developing Countries (Canuto)

Otaviano Canuto, indicated the texts: Asset price overshooting in developing countries; Can developing countries continue to lead global growth? and Risky growth engines. In this texts, Canuto spoke that the advanced economies are still recovering from the crisis, while developing countries as a whole are becoming the new engine of global growth. This sucess has led to new challenges, however, such as volatile capital inflows and asset price bubbles. See: , and