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Global Growth Remains Anemic: Masha Gordon

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October 10: Fed tapering will be slow as growth is weak, says Masha Gordon, EM Equity Portfolio Manager at PIMCO. Countries, like India, that ran on borrowed consumption by running irresponsible policies will see some adjustment in domestic demand, she says. However, Raghuram Rajan’s entry as RBI Governor restored its credibility & independence; with some help on the fiscal side, this could revive investment, she adds.