Friday, May 07, 2010

New Emerging global Economic Order ..

A good article on how developed economies have stopped being just consumers and have realised the need to be selling to the poor once again ..

Countries that have crossed the Hobbesian Threshold (stability in countries which have rule of law, sanitation, security and so on) to take up economic development like China and India, Brazil, South Africa..

The threat posed by the undervalued Chinese currency, renminbi is also highlighted..


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