Friday, July 27, 2012

Weak Demand In Europe And US Is Slowing Growth In Developing Countries

This article provides a snapshot of economic issues in developing countries.  They are not decoupled from slow growth in Europe and the US; they are also being affected by slower growth in the large emerging economies of China and India.  In addition to a slowdown in their export markets, they are also being affected by tighter credit as capital flows from the industrial economies is also declining.

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