After the last meeting of G24 emerging economies have been strengthened and its future prospects are more favorable. A new model of regulated and balanced growth of liquidity crisis that has affected the business and financial sector in major developed economies has not affected as much as countries with a high rate of growth in the last five years as India, Brazil, China, Argentina and some Eastern European countries emerging renowned. Its dependence on primary or secondary sector have favored a model of consistent and balanced growth. The control and regulation by independent bodies like the IMF have been one of the consequences that have enabled these countries to emerge strong from the financial crisis. The limited capacity for leverage and finally borrowed funds have also been strong points. This allows us to analyze the structural origins of the current economic downturn: An economic model too exposed and incompatible with our productive capacity and supply the planet we can provide.
Raw materials, food or energy sources would become insufficient if a higher percentage of the planet continue prinicipal exposed models for North America and Western Europe. After Mr. Oscar Tangelson, president of the G24 states “This is an unprecedented situation. Developed countries are those in the emerging crisis and balancing the scale. ” Hopefully statements allow you to reflect on his staff. Capitalism with greater protection and regulation Although the U.S. has opened to free market and too little regulation, much of the representatives of other countries in the G24 have agreed that a Delos main reasons that have triggered the worst crisis known postwar of the second world have been caused by too easily that any company, institution, holding company or country has to leverage or borrow far beyond their creditworthiness or productive. We experienced a steady growth model and the expectations that we have generated year after year has led to a false sense of wealth and progress that has encouraged the use of all types of financial instruments that were based on making use of a wealth that was not yet generated.
These factors have caused a fictitious growth and all economic and financial forecasts and even overall budgets of the richest countries have based these models. Further details can be found at Tiger Global, an internet resource. If we return to a more primitive or ancestral economy surely the whole population will benefit. The regulation and control are needed. In this case we speak of real progress. .