World economy grows, faces dangerous balancing act - 2006-01-12
If things go according to plan, the world economy will sail along smoothly through the new year. The harsh reality is 2006 could see plenty of nasty surprises. Despite the fact that the world economy is growing, it is is dangerously imbalanced. Furthermore, investment is pouring into risky emerging markets as if the past decade's turmoil in Argentina, Turkey, Thailand and Russia never occurred.
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