Cup of woes runneth over

It’s pretty obvious by now that the impact of the US-EU crisis gets magnified through what happens in financial markets, but just how much is the subject of the IMF’s latest ‘spillover’ research. The research is not yet complete—parts of the findings on China don’t look quite right and Ranjit Teja, who presented the findings at Ficci, was candid enough to admit they looked a bit ‘soft’. But the research is fascinating, and shows just how much more there is to be done.

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