That is the main reason why Latin America was until recently a spectator in the world financial crisis.
Having left behind a slowdown induced by the world financial crisis, many expect the economy to grow at 5-6% this year.
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Like most countries, Turkey has been hit by the world financial crisis.
Asian and Pacific markets were relatively stable Thursday -- a day after major indices declined sharply on fears of the world financial crisis.
Faith in the destiny of the BRICs grew even more after the world financial crisis, which these economies seemed to shrug off.
But the economy went into recession in 2009 as a result of the world financial crisis, tightening credit conditions, and Athens' failure to address a growing budget deficit.
While the world financial crisis continues to display a seemingly never-ending dark shadow, most of these developing nations still present really attractive investment opportunities for global and regional companies.
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The second and no doubt leading contributor to the gold bubble has been the world financial crisis of 2008-2009 and the subsequent worldwide central bank policy of monetary expansion to fight financial asset price deflation.
Rebuilding the country's economy in the face of the world financial crisis is also a priority, Noda said, adding that he did not want to see industries leave Japan or its debts mount any higher.
At a conference in Ukraine's Black Sea resort of Yalta, International Monetary Fund Director Dominique Strauss-Kahn said the world economy remained stuck "between the ice of recession and the fire of inflation, " and added that while the world financial market crisis was largely over, its consequences would be felt for some time to come.
They would inevitably lead to a world-shaking financial crisis in the US, and ultimately much higher taxes and draconian cuts in spending.
Cities like London, Milan, New York and Sydney have proven their ability to withstand the shocks of the world's financial crisis, he said.
The IMF's chief economist, Oliveri Blanchard, said the orchestrated rate-cuts could not solve the world's financial crisis on their own but "were clearly a step in the right direction".
The General Assembly today agreed to convene a high-level conference on the impact of the world financial and economic crisis on development, from 1 to 3 June at Headquarters.
The move comes on the heels of European-wide steps last Thursday to address top management pay, which has been a lightning rod for public anger across the world since the financial crisis.
After a period of calm following the 2008-2009 manufacturing slowdown due to the world financial and economic crisis, Chinese plants are running almost non-stop again, with demand in cars, consumer electronics, plastic toys like vuvuzelas coming from all corners of the globe.
Now those same products, known as derivatives, are pushing the world closer to another financial crisis.
Recognizable names and brands go a long way in establishing credibility in our post-financial crisis world.
In the post financial crisis world, there are likely to be a few needy clients constantly worrying about losses.
In a post-financial crisis world where credit and capital flows are particularly challenged, it is especially critical to analyze the optimal deployment of both financial and human capital.
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In this post-financial crisis world, the Fed has taken a Keynesian edict and turned it on its head: instead of the government stepping in after a crisis to make up for the loss of aggregate demand from the private sector, it has fallen to central banks.
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The financier George Soros calls today's credit crunch the worst global financial crisis since World War II.
But before the financial crisis took world interest rates to record lows, Japan was the cheapest place to borrow money.
The blog Zero Hedge surmises Paulson could have made billions more off shorting the brokers as the world headed into the great financial crisis.
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The Dow took off, and when there were unsettling developments in other parts of the world, like the Asian financial crisis in 1997 and crises in Russia and Brazil the following year, it kept rising anyway.
As emerging nations drag the world economy out of the financial crisis and subsequent recession, companies in these countries are quickly becoming major players in their sectors, pushing advanced Western nations further off the picture. (Read: Forget China, Look to Latin America).
It is, in other words, about avoiding excesses a notion that has helped many Thai businesses weather the 1997 Asian financial crisis and the more recent financial crisis affecting much of the Western world.
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It remains the largest U.S. bankruptcy and the news shook the financial world and triggered the credit crisis.
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Within weeks, Lehman Brothers collapsed and the world was plunged into the worst financial crisis since the Great Depression.
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