Bernanke praises emerging-market response to crisis
Ben Bernanke, the chairman of the Federal Reserve, on Sunday discussed the quick policy response to the global financial crisis in Korea and other emerging market economies.
Speaking at the Bank of Korea's International Conference in Seoul, Bernanke said that the East Asian country's response was remarkable given that just a few years ago, strong countercyclical policy actions of the type taken would not have been recommended for an emerging market country during a period of crisis, and might
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