Test for world economies


  • Business Premium
  • Friday, 21 Mar 2003

STORIES BY YAP LENG KUEN, K.P. LEE, JAGDEV SINGH SIDHU, HANIM ADNAN, LEE KAR YEAN, PAULINE S.C. NG, HONG BOON HOW, KATHY FONG, DALJIT DHESI, P.W. THONG, YVONNE CHONG, DAVID TAN, DANNY YAP, ELAINE ANG AND YAP LIH HUEY 

THE WORLD’S fragile economies may be tested to the hilt and could be faced with greater uncertainty even if the US-led forces achieve a quick victory in Iraq, economists said yesterday. A prolonged war, meanwhile, “guarantees recession”. 

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