Posts tagged ‘global economy’

Even before the great crash of 2008, investors were beginning to see the benefit of investing in the East mainly China and India. These two emerging economies were and still are the future power houses behind the global economy. Whether it is due to huge labor force, or untapped natural resources, these two countries can rely on cheap labor as well as intelligence behind their research and development arena.

Evidence that these two countries as well as smaller ones like Korea and Singapore are poised to take over the role as global economic leaders can be seen in two ways. The first is the stable growth that has occurred after 2008. While the rest of the world and especially the West is still reeling and possibly descending once again into an even greater recession than 2008, the above mentioned countries are growing slowly, but steadily. Continue reading ‘Hedging East’ »

BEIJING – Head of the International Monetary Fund (IMF) Christine Lagarde warned that the global economy face the risk of a lost decade , with little growth, not even grow. Lagarde asks Asia to keep that possibility.

He asserted, without the courage and the coordination of actions, the world will face uncertainty and financial instability. “Ultimately, we would run the risk of what some commentators have called it a lost decade , “Lagarde said on Wednesday (11/09/2011), on his first visit to Beijing since becoming Managing Director of the IMF in July. Continue reading ‘IMF: Global Economy Face Risks “Lost Decade”’ »