20) What are the main indicators of emerging markets comparatively better performance during the last five economic recessions?
A) Macroeconomic imbalances, volatility of exchange rates & illegal economy
B) Growth difference, level difference & relative growth
C) Demographic volatility, depletion of natural resources & withdrawal from globalization
D) The sheer scale of the recent recession, slowing supply of workers & feebleness of recovery of advanced economies
E) Import-substituting policies, problems of appropriability & effect of liberalized trade
Option B
Explanation: The emerging markets achieved a relatively high growth compared to the developed economies in the given period.
20) What are the main indicators of emerging markets comparatively better performance during the last five...
What are the main indicators of emerging markets comparatively better performance during the last five economic recessions?
Central bankers have a favourite mantra: Patch the roof while the sun is shining. But 10 years after the Federal Reserve worked alongside the European Central Bank and the Bank of Japan to bring the global economy back from the brink, their ability to prevent the next downturn is limited. Whether the world’s central banks are prepared to combat another slump is becoming less of a hypothetical question as the global economy shows signs of strain. The chances that the...