Shaky economies and trade imbalances have prompted an unfortunate obsession with exports, writes...

|By:, SA News Editor

Shaky economies and trade imbalances have prompted an unfortunate obsession with exports, writes Alan Beattie in the FT. There's no doubt the global economy needs rebalancing, but export-mania will just drag up the same old problems we've fought before. Besides, "by definition, every country cannot simultaneously export its way out of recession."