| Table of Contents: | | | | GEOGRAPHIC REGIONS : China, France, Germany, IMF-World Bank, International, Saudi Arabia, Singapore, United Arab Emirates, United States, EU | | | | TOPICS : economy, bonds, capital flows, equities, finance, investment, policy, regulation | | | | SIGNIFICANCE : The worsening of the global credit crunch and acute financial crisis over the last two weeks has highlighted the often-cited shift in financial clout from West to East. In particular, the realisation has firmly taken hold that mainly Asian and Middle Eastern sovereign wealth funds have become a potential provider of capital to the US and European financial systems. However, the extent to which they can realise this potential hinges partly on the level of protectionism they encounter from Western government |
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