By John Richardson WHEN the tide eventually goes out, we will find out who has been swimming naked. This will also be the case in several emerging markets, ex-China, when the Fed eventually draws down its stimulus. Hot money seeking higher returns has flowed into India, Indonesia, Thailand, the Philippines and Malaysia, for example, […]
Asian Chemical Connections
Indonesia’s “Great Moderation”
Graph prepared by The Economist By John Richardson INDONESIA has enjoyed eight consecutive quarters of 6% GDP growth and so – along with several other mainly domestically-demand driven Asian economies – is viewed as a haven of stability in an increasingly uncertain world. The country’s 2012 demand growth for polyethylene (PE), polypropylene (PP), polystyrene (PS), polyvinyl chloride (PVC) […]
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