As the world economy steers over into the new year, one of the its most worrying spots remains the Eurozone. To discuss prospects for the region, as well as for other leading economies such as the US and China, CNBC-TV18‘s Latha Venkatesh spoke to Lord Adair Turner.
Whether it is Lehman or quantitative easing or tapering for that matter, a fact of globalization is global inflows and outflows of funds can have huge destabilizing effects on all economies.