Financial Market Trends News Stories, Photos & Videos from Popteen
In 2009, syndicated loan deals involving developing countries amounted to $123 billion, compared with $259 billion in 2008. As spreads declined and the acute risk aversion of the immediate post-crisis period eased, investors started moving back some of the money that had been withdrawn from developing-country capital. markets.
The real economy is recovering as well, although the real-side effects of the crisis have been large and serious, economic activity in most developing countries is recovering and overall growth is expected to pick up from 1.2 percent in 2009 to 5.2 pereent in 2010 and to 5.8 percent in 2011.