Comments on: Export-led growth: not so resilient http://www.globaldashboard.org/2009/02/04/export-growth-resilience/ Global risks and how to respond to them, edited by Alex Evans and David Steven Sat, 11 Feb 2012 13:49:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jules http://www.globaldashboard.org/2009/02/04/export-growth-resilience/comment-page-1/#comment-7750 Jules Wed, 04 Feb 2009 11:02:07 +0000 http://www.globaldashboard.org/?p=6416#comment-7750 Likewise in eastern Europe. Economies worst hit at the moment are the most open and export-driven - Hungary, Czech Rep, Slovakia - while Poland, which is more domestic-led, is one of the few not going into recession. There's a shift to a much more insular model of economics, with governments relying more on local consumption and on local capital markets. From globalisation to localisation, innit. Likewise in eastern Europe. Economies worst hit at the moment are the most open and export-driven – Hungary, Czech Rep, Slovakia – while Poland, which is more domestic-led, is one of the few not going into recession.

There’s a shift to a much more insular model of economics, with governments relying more on local consumption and on local capital markets. From globalisation to localisation, innit.

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