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Asia in the year of the dragon
Monday 23 January 2012 - by Haruhiko Kuroda / Project Syndicate

Although Asia has little external financial vulnerability, it is not decoupled from the West and European policymakers would do well to remember this when tackling the EU's sovereign debt crisis, says Haruhiko Kuroda, president of the Asian Development Bank.

This is the year of the "Black Water Dragon," an astrological cycle that indicates change, but with a measure of calm, sensibility, and prudence.

The people and governments of Asia certainly hope that this proves to be the case, but...

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