Emerging markets will face grave problems in controlling inflation and money supply in fallout from financial markets turmoil in industrialised countries
May 7th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Emerging markets will face grave problems in controlling inflation and money supply because of the expansionary economic policies of industrialised countries seeking to correct turmoil in their financial markets, the head of the United Nations Development Programme warned on Tuesday.