Thursday, March 19, 2009

IMPACT OF GLOBAL FINANCIAL CRISIS ON SOUTH ASIA

Pakistan, Srilanka & Malidives are particularly vulnerable because difficult social, political environments prevented adequate policy measure to adjust to the terms of trade shock.
http://siteresources.worldbank.org/SOUTHASIAEXT/Resources/223546-1171488994713/3455847-1232124140958/gfcsouthasiafeb172009.pdf

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Warnings from the chief executive of the nation’s largest bank have been consistently at odds with heady financial markets.

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