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To: IQBAL LATIF who wrote (13554)1/29/1998 1:37:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 18056
 
Iqbal, you analysis sound "sound" to me, but could India be dragged down (and not as much as the rest of SEA) by trade relationships with the region? I have no idea how much of India's trade is with the SEA. Japan has about 30% of its trade tied to SEA, thus despite its superior financial condition it could slip into a recession if domestic demand is not stimulated.

Zeev