Global Ethics Forum: Breakout Nations: In Pursuit of the Next Economic Miracles

291 views · Published 17 September 2013 · 27:01 · Indexed 8 November 2026

Channel: Carnegie Council for Ethics in International Affairs · 2013 · News & Politics

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Which countries will be the next big thing? Most follow a four-point cycle, says Morgan Stanley's Sharma: "You have economic crisis. They carry out economic reforms. After they carry out economic reforms, some sort of boom takes place. Then complacency sets in, and then you get back to having a crisis." So beware! Economic development is extremely hard to sustain. 

For full audio and transcript and video clips, please go to http://www.carnegiecouncil.org/studio/multimedia/20130410/index.html.

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