Malaysia most vulnerable to economic ‘perfect storm’, says Dr Doom....Roubini Global Economics (RGE) has said in a recent report.
Dr Roubini says: "Malaysia is one of the most vulnerable Asian economies should a “perfect storm” of a disorderly debt default in Europe, a slowdown in China and the US, and rising tensions in the Middle East materialise"
"RGE added that Malaysia was the second most exposed in terms of a demand slowdown in the US, the eurozone and China, making it the most exposed Asian economy overall. The report also said that the country was among the lowest ranked in terms of monetary and fiscal capacity to respond to a crisis"
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