CGD in the News

Some Investors Choosing U.S. over emerging markets (NPR)

September 06, 2013

From the Interview:

YUKI NOGUCHI: And, of course, doing business in the U.S. is considered less risky, whether that's because of social unrest in Brazil or because of macroeconomic slowdowns in India and China. Arvind Subramanian is a senior fellow at the Peterson Institute economics think tank.

ARVIND SUBRAMANIAN: This is the irony, right? The U.S. was the source of the problem. It unleashed kind of a financial crisis. And yet, when there's a financial crisis or any kind of crisis, the dollar and the U.S. still seem to be the safe haven.

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