When you've developed to the point that you turn the IMF down--even under duress
Monday, March 23, 2009 at 3:33AM
Thomas P.M. Barnett

ARTICLE: "South Korea, Singapore Tell IMF 'No Thanks' on Lending Plan," by Kanga Kong and P.R. Venkat, Wall Street Journal, 22-22 March 2009.

Don't want the stigma and would prefer to use their own resources.

Some New Core simply don't want the association or the implied sliding, no matter the cost.

A good sign.

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