La crise de l'Asie de l'Est : rééquilibrer la croissance sans hausse de revenu ?
This article analyses the impact of the international crisis in Asia. We show that the main channel of contagion was trade and not finance. We then question the nature of the recovery which is getting steam since the spring of 2009 thanks to the success of the Chinese stimulus plan. This recovery is not sustainable. Without an increase of the income labour share, there can be no rebalancing of growth in favour of the domestic market.
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