GO
Loading...

Enter multiple symbols separated by commas

Poll: Can Emerging Markets Save the World From Another Recession?

As economies in the developed world seem precariously poised, the world's eyes are once again turning to emerging markets to prop up the global economy. But there is growing doubt emerging markets will be able to help much this time round.

Last week, Morgan Stanley, cut global growth targets for 2011. It warned the U.S. and Europe were dangerously close to a recession, and said it expects to see slower growth in developing countries - from China to Latin America.

Still, Morgan Stanley says developing economies will grow at 6.4 percent this year compared to 1.5 percent for developed markets.

One big unknown though is China. If the world heads for another recession, analysts aren't expecting a repeat of China's actions in 2008, when it launched a half-a-trillion dollar stimulus package.

The country has been experiencing accelerating inflation, leaving China's policymakers with less room to maneuver. Plus, China faces its own problems with local government debt and an inflated property market.

We want to know what you think.

Vote
Vote to see results
Total Votes:

Not a Scientific Survey. Results may not total 100% due to rounding.

Contact Asia News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Asia Video

  • European sharing economy can grow rapidly: ING

    Ian Bright, senior economist at ING, discusses the findings of ING's latest survey which revealed that the sharing economy is poised for rapid growth in Europe.

  • What a 'Yes' vote means for Greece

    Richard Champion, deputy CIO at Canaccord Genuity Wealth Management, says Greece will see further instability in the short to medium term if the "Yes" camp wins Sunday's referendum.

  • A 'No' vote doesn't mean a 'Grexit': StanChart

    Manpreet Gill, senior investment strategist at Standard Chartered, says a "No" vote in Sunday's referendum will give Prime Minister Alexis Tsipras more bargaining power, but it doesn't necessarily means a "Grexit."