It is quite difficult to decide on the most likely strategy to succeed for a developing economy, within a global efficient-market context. We aren’t in a position to change the rules, so we have to play smart within them.           ’

In essence, do we close ranks or open the floodgates? Whichever route we take, it is common cause never to tamper with the natural economic force. Like water, it will find the path of least resistance; don’t be in its way.                   ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now