2 min read.Updated: 13 Sep 2013, 12:47 AM ISTRemya Nair
Contracting demand from the US could affect export growth in emerging market economies and impact the trade balance
New Delhi: Emerging market economies may need to relook their export-led growth strategies and put controls on capital inflows to ensure macroeconomic stability, a report released by the United Nations Conference on Trade and Development (UNCTAD) warned at a time when India is taking steps to attract more foreign investment to bridge the current account deficit and support a weakening rupee.
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