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Author:Lee, P.
Title:The new economics arms race
Journal:Euromoney
2006 : SEP, VOL. 37:449, p. 86-97
Index terms:emerging markets
international economics
international trade
Language:eng
Abstract:This Cover story article deals with changing of the world economic order. Emerging countries have got huge financial wealth due to surging exports and high oil prices. A country in financial trouble can forget the IMF. It would be better to ask for help from one of its rich neighbours. However, the greatest challenge for the countries is to diversify beyond U.S. treasuries and euro government bonds.
SCIMA record nr: 266533
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