Looking to the year ahead, the million dollar question is whether the development of the emerging markets will continue to keep global growth ticking over, or will the sub-prime fallout and forecasts of slower US growth continue into recession and drag down the rest of the world’s economies?
There is no clear cut answer but lets examine the facts:
Western economies look like they will experience a slowdown in 2008, although the scale of which is open to debate. As a result, companies
