Emerging Economies Less Affected By Global Crisis

After the last meeting of G24 emerging economies have been strengthened and its future prospects are more favorable. A new model of regulated and balanced growth of liquidity crisis that has affected the business and financial sector in major developed economies has not affected as much as countries with a high rate of growth in the last five years as India, Brazil, China, Argentina and some Eastern European countries emerging renowned. Its dependence on primary or secondary sector have favored a model of consistent and balanced growth. The control and regulation by independent bodies like the IMF have been one of the consequences that have enabled these countries to emerge strong from the financial crisis. The limited capacity for leverage and finally borrowed funds have also been strong points. This allows us to analyze the structural origins of the current economic downturn: An economic model too exposed and incompatible with our productive capacity and supply the planet we can provide. After Mr. Oscar Tangelson, president of the G24 states “This is an unprecedented situation. Developed countries are those in the […]