Monday, November 3, 2008
The financial crises and the BRICs
As the financial crisis continues to roil credit and stock markets around the globe, it seems that no country or continent is being spared the consequences.
Brazil, Russia, India and China--the BRIC countries--are no exception.
In a recent Knowledge@Wharton podcast on the Forbes website, Shiv Khemka, vice chairman of Sun Group, based in London, New Delhi and Moscow; Silas K.F. Chou, president and CEO of Novel Holdings, based in Hong Kong; and Odemiro Fonseca, founder of Viena Rio Restaurantes in Rio de Janeiro, discuss their countries' response to the crisis, its impact on specific sectors, the decoupling hypothesis and the dangers of protectionism, among other topics.
The edited transcript of the conversation is available here.
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