Asia's tigers show their stripes
What a difference six months can make. A half-year ago, the marketers were busy peddling their wares with comforting phrases for emerging market investors such as 'decoupled', the 'mighty BRICs' and 'the new drivers of the global economy'. As is typical at any turning point in a cycle when varying leads and lags in economic and financial data trends fail to provide an overwhelming body of evidence, many financial market participants fail to heed warnings of impending reversals. The Asian
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