SouthViews No. 102, 4 February 2014
New economic crisis engulfing South countries
By Martin Khor
A new economic crisis is engulfing several developing countries which face sharp currency depreciation and capital outflows. This is caused by the boombust cycles in capital flows originating in profit-seeking investor behaviour in developed countries.
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This article was tagged: Booombust Cycles, Capital Flows, Currency Depreciation, Economic Crisis, Global Economy