Stiglitz warns emerging markets! (13.12.2010) - Fashion - Style - Trendy

Monday, December 13, 2010

Stiglitz warns emerging markets! (13.12.2010)

Joseph Stiglitz, a conference held yesterday in Chile is very slow recovery in Europe and the United States expects to offer encouragement to the second round of ABD'inin said.

Stiglitz warned the people in small developing countries, these countries are ready to take measures to cope with rapid cash flows should be stressed.

Cannot stay alive, such as the euro and the sustainability of the financial plan is a contingency stating that you are connected to renowned economist, emerging market governments have to take a step to reduce excess domestic investments could remain expressed.

Stiglitz, 'Chile should be ready to intervene in the exchange rate. Edition of the size of cash inflows due to what happens in the world 'he said.

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