Could Indonesia face Brazil-style slowdown? | beyondbrics | News and views on emerging markets from the Financial Times – FT.com: It’s an emerging market with a young population of around 200m, a member of the G20 group of the world’s largest economies, and has been growing by close to 7 per cent during the recent commodities boom. Name that country.
The comparison is often made between Brazil and Indonesia, both of which fit that description – until recently. Since mid-year, they have taken dramatically different turns as the global financial crisis develops. Indonesia is looking in much better shape – for now.
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