There are other reasons for confidence that India will weather the storm.

But there are two reasons to be confident that India will weather the storm.

They have also nurtured industries in line with their comparative advantage, which has helped them weather the storm.

Khamenei and his fellow guardians of Iran s Islamic revolution were able to weather the 2009 storm, but their façade of legitimate power was collapsing.

So, while Latin America may continue to weather the global economic storm rather well, the region s diplomatic peace and quiet is deceptive.

The Asian financial crisis of 1997 1998 convinced governments and central banks that countries that maintained exchange controls were able to weather the storm better than countries that embraced liberalization.

So, while Latin America may continue to weather the global economic storm rather well, the region s diplomatic peace and quiet is deceptive. Any number of rising tempests could end it.

There are other reasons for confidence that India will weather the storm. Not only does India have considerable resources of its own to put towards investment as the persistence of global recession drives down returns in the West, foreign investors will look anew at India.

Of course, economies that depend on foreign investment are bound to be hurt nowadays, because those investors have less capital to invest. But there are two reasons to be confident that India will weather the storm.

Only central banks typically lenders of last resort lean against the hurricane strength winds.

China has several sources of strength that have enabled it to withstand the tough external shocks of the last four years. Large buffers of saving (53 of GDP) and foreign exchange reserves ( 3.3 trillion) are at the top of the list.

In other words, small shops may be more than capable of holding their own against big retailers if they adapt to the new environment.

As a country that has been hit by six consecutive waves of floods within the past year alone, we know only too well what it means to live through such a disaster.

The effects of high oil prices thus flow through to the economy without being moderated by the world's central banks leaning against the wind.

The aim must be to make the region more resilient to natural disasters as part of a broader framework for regional cooperation.

Recent financial crises have taught countries that those with large reserves are better able to weather the vicissitudes of international financial markets.

But few emerging markets have reached a stage at which they can withstand a sustained collapse in the developed economies, much less serve as substitute engines of global growth.

These activities are in particular those that are capable of withstanding competitive pressures for efficiency gains and surviving the new industrial and trade realities.

And they should survive over there, on their own, in the future.

Shelter from the Storm in Europe

Managing Europe s Perfect Storm

I went to the eye of the storm.

Central Asia s Perfect Storm

Growth must become more stable, with a consistently counter cyclical macroeconomic policy stance, prudent capital account management, and greater resilience to external shocks.

Batten down the hatches.

We were late because of the storm.

How long will the storm last?

Dispersing the Terrorist Storm

Today, the storm has broken.

The Storm after the Calm

The Storm in Sub Saharan Africa

In addition, collectively we must do a better job of anticipating problems rather than being in reactive mode in the face of crises.

The storm is on the horizon, but there may still be time to prepare to weather it safely.

New York A perfect storm is brewing that could threaten China s relations with the world.

The stormy weather was dreadful.

The storm caused a lot of damage.

The Global Economy u0027s Gathering Storm

The Sixty Year Storm

The Storm Before the Calm

So when the storm is coming up, it drives a pin into the ground.

Many developing economies weathered the crisis at the cost of massive direct state intervention, while their financial sectors lack breadth and access.

Lula survived those scandals and did not move to amend the constitution in order to seek a third term, though some in Brazil pressed him to do so.

We could then look back at the Great Recession as a bad dream the market economy supported by prudent government action would have shown its resilience.

In Queensland, three people died in traffic accidents caused by the storm, and another fatality occurred when a boy became trapped in a storm pipe.

The heart of that consensus is the simple principle that you don t need to agree all the time except on the ground rules about how you can disagree. India has survived all the challenges that have beset it for 60 years because it has maintained a consensus on how to manage without consensus.