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74309d7132 What else can investors and business leaders expect from this trend? Many economists suggest the recovery from the global slowdown will be a slow oneand there are political factors that favor this view. Second-order effects . Back Overview Overview and History Mission and Vision Stations and Public Media NPR Finances People Ethics Awards . Emerging-market powers, such as Brazil, India, Indonesia, South Africa, and Turkey, began deregulating their dormant economies and empowering domestic free enterprise. In the past several months, weve seen dozens of individual protectionist initiatives from the very governments that pledged during G-20 summit meetings over the past few months to avoid such moves. As governments throw up barriers to trade and investment meant to keep local workers employed through the next election, global companies doing business in those countries may find themselves at a disadvantage. If nothing else, we can hope for better-crafted rules for future flows of cash, goods, and services. In addition, given the global meltdowns potential to trigger large-scale social upheaval within several countries, politicians will turn increasingly toward a familiar and reliable tool: subsidies. Policy Features ArticlesAnthologiesReviewsInterviewsVideosMapsGalleriesInfographics From the publishers of Foreign Affairs The Most: Recent Shared Viewed Global Conflict Tracker by Center for Preventive ActionNAFTA's Economic Impact by James McBride and Mohammed Aly SergieThe Sunni-Shia Divide by Mohammed Aly Sergie, Robert McMahon, Jeremy Sherlick, and Hagit AriavArmed Clash in the South China Sea by Bonnie S. Some of these changes will favor domestic firms.