Publication
Dec 2010
This note compares the impact of the financial and economic crisis in India and South Africa. The author argues that that India and South Africa were impacted by the global crisis not because of their exposure and entanglements with the markets, institutions, and instruments that were at the center of that crisis, but because of their integration through trade and capital flows with the global economy. The net result is that India and South Africa have weathered the storm despite being initially affected.
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English (PDF, 4 pages, 233 KB) |
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Author | C P Chandrasekhar |
Series | ICTSD Publications |
Issue | 13 |
Publisher | International Centre for Trade and Sustainable Development (ICTSD) |
Copyright | © 2010 International Centre for Trade and Sustainable Development (ICTSD) |