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Author:Laderman, J.
Title:A global reality check
Journal:Business Week
1997 : NOV 10, VOL. 3436:866, p. 22-24
Index terms:MARKET RESEARCH
RESEARCH
ECONOMICS
Language:eng
Abstract:From New York to Hong Kong, from Frankfurt to Sao Paolo, from Moscow to Kuala Lampur, the message of the decade was simple: the road to riches is paved with stocks. Indeed, most world equity markets have thrived as nations opened their economies, bolstered exports, and invested in productivity enhancing technology. But for a few days in late October, that belief was sorely challenged by a melt down in HongKong that left no nation's equity market undamaged.
SCIMA record nr: 169880
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