Emerging markets – The great slowdown published by The Economist. “In the past decade emerging markets have established themselves as the world’s best sprinters…This week the Internacional Monetary Fund sharplu cut its growth forecast for three of the four so called BRICs; only Russia was spared (and even there growth is vulnerable to falling energy prices)…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.” http://econ.st/NCq1ik
The Great Slowdown (The Economist)
