BoP Economic Prospects for 2009: Not Looking Good | NextBillion.net

"As financial markets have grown increasingly global, the allocation of capital from savers to investors has become global. As a consequence of the US financial crisis, BoP markets will probably suffer in the coming year.

It is important to note that BoP markets had already absorbed a strong shock with the food and fuel price rises in the last 2/3 years. In my post on June 2008, I...