Sunday, October 4, 2009

WB warns on growth, inflation risks for Asia

This is a short article that talks about the inflation risks the East Asian economies, in particular China, may experience if they keep interest rates low in line with the US federal reserve. East Asian economies are starting to recover but inflation is a concern with the growth in credit it could result in an "inflationary bubble effect". They need to be careful to ensure growth is steady and viable, with as little negative effects as possible.

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