Finance

Hey big spenders

Emerging economies will buy over half of the world’s imports in 2012

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mymind

This is all very good. Let us hope that the developping countries have learnt from the developped countries and do not endebt themselves too much. With inflation in most countries at a historical low, getting out of debt is no longer as easy as it used to be!

VSMumbai

all good, ae these imports meant for domestic consumption or for value add and then turn around and export to developed markets. data on that would be useful to figure out the increase in domestic spending/consumption.
i believe for china, about 20% of imports is for export.

induscharwak

Sickness of Europe is not likely to be cured in coming year or years and this sickness as Economist has said is most likely going to damage the currently recovering Liver of USA and thus standstill in global capital markets. The above economic situation is bound to halt political initiative and hence not furthering democratization of north Africa,west-middle-north Asia which is the most important for global growth.In totality picture is bad and Europe is not showing maturity which is highly required.

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