OPINION

If we thought 2008 was the year of the extraordinary bailouts by Western governments, 2009 may have to become even more extraordinary with governments resorting to lending to a broad spectrum of society - businesses and consumers. Without this, global demand and all that means to China and other developing countries' prospects will remain severely depressed.

After the conclusion of the Beijing Olympic Games in late August, I arrived at the Nordic African Institute in Uppsala, Sweden for a three-month stay as a guest researcher. While there I felt the impact of the US presidential election on Africa and northern Europe.

Welcome the return of parody