Fitch reveals nations most exposed to global slowdown

23 Nov 2011

Indonesia, Korea, and Malaysia have the weakest financing flexibility and Thailand’s economic growth is most exposed to external shocks, according to Fitch ratings agency.

Thailand combines high global domestic product [GDP] exposure to a global slowdown with limited scope for monetary policy response and a sharp deterioration in global liquidity would hurt Indonesia, Korea, and Malaysia most, according to a November 21 Fitch report headlined by analyst Philip McNicholas.

“Based on previous experience, ...

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