The Recipe For Saving The Economy Or How Not To Perish One By One

Opinion: (Rachel Ziemba, Director for macroeconomic issues of Central and Eastern Europe, Middle East and Africa (CEEMEA), Roubini Global Economics, USA, from “‘The recession, which plunged the U.S. economy, is not a problem of one country.’

“‘This process will continue over the next five years and will affect all major countries around the world. China, India, Turkey, and Russia cannot escape the recession in the USA and the EU. …The world could experience problems with oil supplies from the Middle East countries, taken over by riots.’

“‘Recipe for economic salvation is simple: to bet on technologies, intensively develop the agricultural sector and inter-regional cooperation.’ …‘It already sounds like a constant mantra—to develop cooperation between countries….’”

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