The emerging market slowdown ought to be a warning shot that something much worse could happen.

World trade has stalled. And China s economic slowdown and market turmoil this summer have created further uncertainty.

The problem is that the permits market price has plummeted in the midst of Europe s economic slowdown.

But the BRICS, as well as many other emerging market economies have recently experienced a sharp economic slowdown.

Even before the Fed s signals, emerging market equities and commodities had underperformed this year, owing to China s slowdown.

Many free market ideologues ridicule the idea that natural resource constraints will now cause a significant slowdown in global growth.

Containing China s Slowdown

Long Live China s Slowdown

Many other previously fast growing emerging market economies for example, Turkey, Argentina, Poland, Hungary, and many in Central and Eastern Europe are experiencing a similar slowdown.

A major slowdown seems to be looming.

And, in our globally integrated world, the slowdown in Europe will exacerbate the slowdown in the US, and vice versa.

If the emerging market slowdown were to turn into something worse, now or in a few years, is the world prepared? Here, too, there is serious cause for concern.

Within China, the current slowdown is mostly homemade.

SHANGHAI Everyone is talking about China s economic slowdown.

In China, the economic slowdown underway is unmistakable.

The impending global slowdown has intensified protectionist pressures.

An economic slowdown will exacerbate all our financial problems.

So, in 2007, everyone expected a construction led slowdown.

The continent s economies experienced a slowdown, but not a recession.

Thus, the US slowdown affects European exports in two ways.

A growth slowdown is hardly shocking for an export led economy.

The most immediate threat is the slowdown in the advanced economies.

The policy response to the slowdown in investment differs across countries.

But China s looming slowdown is likely to be both manageable and welcome.

Previously, the government blamed the country s economic problems on the global slowdown.

The second reason for India s slowdown stems from the global financial crisis.

The issuance of risky junk bonds under loose covenants and with excessively low interest rates is increasing the stock market is reaching new highs, despite the growth slowdown and money is flowing to high yielding emerging markets.

Reduced European dependence on the US export market can hardly protect Europe from the effects of the US economic slowdown if the euro appreciates as much against the key Asian currencies as it has against the dollar.

A lower debt burden would certainly help Japan deal with its economic slowdown.

PRINCETON Any economic slowdown increases debt burdens, whether for households or for states.

BEIJING The slowdown of China s economy has captured the headlines in recent weeks.

But it is not just the slowdown that has the skeptics worked up.

While a global recession will be averted, a severe growth slowdown will not.

The slowdown has predictably led to calls for further fiscal and monetary stimulus.

The former would exacerbate the country s slowdown, and neither change is in the cards.

China successfully navigated the crisis, avoiding a significant slowdown, by ramping up public spending.

A further slowdown in China and other emerging economies is another risk to financial markets.

Some suggest that, given the economic slowdown, we should put global warming on the backburner.

Indeed, a key reason for China s slowdown in 2011 2012 is that officials wanted it.

And emerging markets will suffer once the US contraction and global slowdown undermines commodity prices.

Accordingly, even countries with sound balance sheets and manageable leverage have experienced a growth slowdown.

However, the country experienced deeper economic slowdown than some of the other former Soviet Republics.

A slowdown in one is bound to produce a slowdown in the other and in the major emerging economies, which, until now, could sustain high growth in the face of sluggish performance in the advanced economies.

Market oriented reforms in the early 1990s changed that pattern, and annual growth accelerated to 7 under the Congress party, before slumping to 5 . Since the 2014 general election brought Modi s Bharatiya Janata Party to power, the government has reversed the slowdown.

Immigration itself may even slow dramatically, depending on the length and depth of the economic slowdown.