--- title: "Meaning & Key Takeaway of: In emerging markets, slow growth in the…" description: "\"In emerging markets, slow growth in the advanced economies has shut down a traditional development path: export-led growth. As a result, emerging marke..." image: "https://sms4smile.com/quotes/i/2f4/raghuram-rajan-10594_difficult-task_in-emerging-markets-slow-growth-in-the-a_94513.jpg" --- # In emerging markets, slow growth in the advanced economies… ![“In emerging markets, slow growth in the advanced economies has shut down a traditional development path: export-led growth. As a result, emerging markets have had to rely once again on domestic demand. This is always a difficult task, given the temptation to over-stimulate.” quote by Raghuram Rajan](https://sms4smile.com/quotes/i/2f4/raghuram-rajan-10594_difficult-task_in-emerging-markets-slow-growth-in-the-a_94513.jpg) [Download](https://sms4smile.com/quotes/i/2f4/raghuram-rajan-10594_difficult-task_in-emerging-markets-slow-growth-in-the-a_94513.jpg) [Open image](https://sms4smile.com/quotes/i/2f4/raghuram-rajan-10594_difficult-task_in-emerging-markets-slow-growth-in-the-a_94513.jpg) > “In emerging markets, slow growth in the advanced economies has shut down a traditional development path: export-led growth. As a result, emerging markets have had to rely once again on domestic demand. This is always a difficult task, given the temptation to over-stimulate.” [Raghuram Rajan](https://sms4smile.com/quotes/author/raghuram-rajan/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. When external demand falters, emerging economies must pivot to internal consumption, but overstimulation risks inflation and asset bubbles. **In simple terms:** Shift to domestic demand. Key Takeaway Balance growth without over‑stimulating. Themes Development economics Emerging markets Domestic consumption Policy trade‑offs Growth strategies Mood Analytical Cautious Strategic Type Economic analysis Policy commentary When to use this quote - Government fiscal planning - Corporate market entry - Investment strategy - Consumer confidence analysis Key Concepts Export‑led growth decline Domestic demand reliance Policy stimulus limits Practical Applications - Designing balanced stimulus packages - Diversifying export‑dependent economies Questions to Reflect On - What safeguards prevent over‑stimulus? - How can domestic demand be sustainably grown? ★ ★ ★ ★ ★ No ratings yet [Difficult task](https://sms4smile.com/quotes/about/difficult-task/) [Economics](https://sms4smile.com/quotes/about/economics/) [Emerging markets](https://sms4smile.com/quotes/about/emerging-markets/) [Growth](https://sms4smile.com/quotes/about/growth/) [Investing](https://sms4smile.com/quotes/about/investing/) [Path](https://sms4smile.com/quotes/about/path/) [Slow growth](https://sms4smile.com/quotes/about/slow-growth/) [Temptation](https://sms4smile.com/quotes/about/temptation/) ## Related quotes > [“Martin Weitzman puts it, “the long-term growth of an advanced economy is dominated by the behavior of technical progress.”12”](https://sms4smile.com/quotes/anonymous/martin-weitzman-puts-it-the-long-term-growth-of-an-advanced-economy/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [If developed countries' citizens want to feel slightly better about their economies' slow growth and high unemployment, they should contemplate how much worse matters…](https://sms4smile.com/quotes/raghuram-rajan/if-developed-countries-citizens-want-to-feel-slightly-better-about/) [Raghuram Rajan](https://sms4smile.com/quotes/author/raghuram-rajan/) > [We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt…](https://sms4smile.com/quotes/paul-krugman/we-know-that-advanced-economies-with-stable-governments-that-borrow/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [A possibility is that we see more and more leverage, and credit-to-GDP ratios rise once more to even higher levels; eventually the banking systems…](https://sms4smile.com/quotes/alan-m-taylor/a-possibility-is-that-we-see-more-and-more-leverage-and-credit-to-gdp/) [Alan M. 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