[lbo-talk] SK vs. NK

uvj at vsnl.com uvj at vsnl.com
Sun Jan 9 18:06:25 PST 2005


Doug Henwood wrote:


>I don't need a citation to say that free balance of payments financing in the range of >5% of GDP made a crucial difference in development - it's just a fact. Without it, SK >would have had to impose domestic austerity or borrow large gobs of money abroad.

How much China's foreign trade ($1 trillion in 04) contributes to high growth rates?

Ulhas



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