In years gone by, it was easy to accept the notion that economic prosperity and free market collaboration were inextricably linked.
Indeed, the first half of the last decade provided significant economic growth for many of the world’s developed economies and the emerging market BRIC (Brazil, Russia, India and China) countries began to take off.
However, the era when British Chancellor Gordon Brown sincerely believed that he had eliminated “boom and bust”, is now all but a distant memory.
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