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The turbulent year 2008 saw most powerful economies being savaged at the hands of the modern world’s worst crisis. The jolted financial system of developed economies, the shaken business confidence and the nose-diving consumer demand seemed to cast an irreparable shadow. But the slowdown brought with it its very own reality check which only a crisis of that magnitude can expose. As the crisis tested the basic fundamentals of world economies, some of the nestled ones lagged behind both in ter ...