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View Full Version : Global Crisis 'Highlights' Imbalances in Transition, EBRD Says - Bloomberg



NewsWhore
11-01-2009, 10:10 PM
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Global Crisis &#39;Highlights&#39; Imbalances in Transition, EBRD Says (http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.bloomberg.com%2Fapps%2Fnews%3Fpid%3D20601102%26sid%3Dasf1_.IitQSs&usg=AFQjCNG35rGdSsVbPnCwHuqVYqB-e_2lCg)
Bloomberg
The effort to raise living standards to Western levels encouraged a credit boom, excess borrowing and a shift towards indebtedness in foreign currencies, ...

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