Dynamic Macro Interdependencies in the World Economy: How Will Emerging Economies Be Affected by the Eurozone Crisis?
Is Europe going to drag the world down into depression? The financial markets seem to believe it. The rush to safety is widespread and the safe havens are few. For the two-years after the brisk but flimsy recovery due to the 2009 stimulating plans, the Eurozone has headed downward to the Japanese disease, while the […]