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High debt to GDP ratios in China, Brazil and Turkey lead to slowing growth. India is the exception in emerging markets as foreign investment increases and GDP growth is above 7%, with a boost from halving of oil prices. Europe sees the need for more quantitative easing, and the U.S. makes a slow recovery. Russia may see an improvement after a large devaluation of the ruble. Argentina's prospects are seen as improving with a change in government. Canada sees a change from the drift in the last years of the Harper government and the hollowing out of the industrial sector, with the election of Justin Trudeau. Overall the situation in 2015-2016 is a marked improvement compared to ten years earlier in 2005, as debt issues are tackled seriously in Europe and the U.S. and governance in the private sector improves.
Grouped Articles
Tensions With Russia Add to a Chill in Turkey’s Economy
New York Times 11.29.2015
China Unveils Economic Blueprint for 2016
Wall Street Journal 12.22.2015
Oil Prices at $30 Bend Nations, But Which Ones Could Break?
Wall Street Journal 01.13.2016
Putin’s self-destructing economy - The Washington Post
Washington Post 01.18.2016
Russian Economy Stumbles as Stocks and Oil Prices Fall
New York Times 01.21.2016
Emerging-Market Debt: How Big a Threat Is It?
Wall Street Journal 02.16.2016
The Economy’s Hidden Problem: We’re Out of Big Ideas
WSJ 12.06.2016
Fed Raises Rates for First Time in 2016, Anticipates 3 Increases in 2017
WSJ 12.14.2016
China Leans on Familiar Stimulus Playbook to Hit 6.7% Growth
WSJ 01.19.2017
Turkey's economy rebounds from post-coup weakness | Business | DW.COM | 31.03.2017
DW.COM 03.31.2017
Turkish economy contracts amid instability | Business | DW.COM | 12.12.2016
DW.COM 12.12.2016
Turkish Economy Heading Toward Crisis under Erdogan - SPIEGEL ONLINE
SPIEGEL ONLINE 03.31.2017
Moody’s Cuts Its China Rating for the First Time Since 1989
WSJ 05.24.2017
India Has a Banner Year for Deals and Overtakes China as a Favored Target
WSJ 12.25.2018
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