In Failed Merger, a Lesson in Global Politics
Friday, October 2nd, 2009
Governments in emerging markets and global development groups lately have been trumpeting the benefits of more “South-South” trade, or economic activity between developing countries, as a way to ease poverty and encourage growth.But as the collapse this week of a planned India-South Africa deal to create a low-cost telecommunications giant showed, that is often easier said than done, The New York Times’s Heather Timmons writes. Striking such agreements can be difficult because of immature capita
