Dominique Moisi
Emerging Markets’ Europe Problem
PARIS – From Hong Kong to São Paulo, and all points between, one word dominates all others among big investors: Greece. Will the Greeks…
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As economies throughout the post-2008 developed world slumped, emerging markets proved resilient. But now Europe’s sovereign-debt crisis is threatening to derail these countries' export-led growth, while credit rationing by distressed banks is fueling a trade-finance downturn, hindering the flow of goods in and out of poor countries. Will developing countries weather the storm?
Europe's Crisis Goes Global
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Jaswant Singh
The Ill Wind from the West
NEW DELHI – At the nadir of the financial crisis four years ago, many Asian governments came to believe that robust growth had led to a near…
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Nouriel Roubini
A Global Perfect Storm
NEW YORK – Dark, lowering financial and economic clouds are, it seems, rolling in from every direction: the eurozone, the United States, Chi…
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Raghuram Rajan
What Happened to India?
CHICAGO – Emerging markets around the world – Brazil, China, India, and Russia, to name the largest – are slowing. One reason is that they c…
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Yu Yongding
Greece-Proofing China
BEIJING – Despite repeated assurances by European Union leaders, after more than two years, there is still no light at the end of Europe’s d…
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Stephen S. Roach
Asia Exposed
NEW HAVEN – Asian authorities were understandably smug in the aftermath of the financial crisis of 2008-2009. Growth in the region slowed sh…
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Kenneth Rogoff
Why a More Flexible Renminbi Still Matters
CAMBRIDGE – One of the most notable macroeconomic developments in recent years has been the sharp drop in China’s current-account surplus. T…
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Yu Yongding
China’s Struggle to Slow
BEIJING – At the opening of the annual session of China’s parliament, the National People’s Congress (NPC), Premier Wen Jiabao announced tha…
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Andres Velasco
Brazil, Country of the Future No More?
SANTIAGO – During a visit to Rio de Janeiro last year, US President Barack Obama told a cheering crowd that Brazil is the country of the fut…
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Kemal Derviş
The Global Future of Europe’s Crisis
WASHINGTON, DC – It is now clear that the eurozone crisis will continue well into 2012, despite early February’s recovery in stock markets. …
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