Sharma, Shalendra D. - In: China & World Economy 17 (2009) 2, pp. 1-14
What began as a downturn in the US housing sector in the summer of 2007 had mushroomed into a global financial crisis by September 2008: the most severe since the 1930s. Developing countries, including China and India, at first seemingly sheltered from the worst of the turmoil, have not been...