In the crest of the 2008 crisis, decoupling, for the mainstream, resonated as a fantasy or myth.
Well, for us the synchronization or "recoupling" then signified more of shock or an anomaly than of a secular trend.
Again we see another sign where emerging markets appear to be diverging from advanced economies in terms of Foreign Direct Investments.
According to the Economist, ``FOREIGN direct investment inflows will barely reach $1 trillion in 2009, a decline of more than half since 2007, predicts the Economist Intelligence Unit, a sister company to The Economist. And for the first time emerging economies will attract more than half of the global total. Flows to poorer economies, especially Asian ones, are proving more resilient than flows to rich economies which are suffering the worst recession in several decades." (bold emphasis mine)
In short, secular trends appear to be overpowering interim 'crisis based' dynamics.
Well, for us the synchronization or "recoupling" then signified more of shock or an anomaly than of a secular trend.
Again we see another sign where emerging markets appear to be diverging from advanced economies in terms of Foreign Direct Investments.
According to the Economist, ``FOREIGN direct investment inflows will barely reach $1 trillion in 2009, a decline of more than half since 2007, predicts the Economist Intelligence Unit, a sister company to The Economist. And for the first time emerging economies will attract more than half of the global total. Flows to poorer economies, especially Asian ones, are proving more resilient than flows to rich economies which are suffering the worst recession in several decades." (bold emphasis mine)In short, secular trends appear to be overpowering interim 'crisis based' dynamics.
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