French bank BNP Paribas sees Asian economic recovery in 2010
Thursday, 08 January 2009, 19:25 IST
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Singapore: French bank BNP Paribas has predicted a faster Asian economic recovery next year, citing aggressive government spending and region-wide interest rate cuts, according to a news report Thursday. The scale of the global policy response, monetary and fiscal, should ensure the recovery is more V-shaped, indicating a steep rise after a decline, than a slower, U-shaped recovery, said BNP Paribas economist Rich
Source: IANS
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