A Hard Look at a Soft Global Economy
The global economy is settling into a slow-growth rut, steered there by policymakers’ inability or unwillingness to address major impediments at a global level. The question is whether an honest assessment of the impediments to economic performance worldwide will spur policymakers into action.
https://prosyn.org/tw3L84N
MILAN – The global economy is settling into a slow-growth rut, steered there by policymakers’ inability or unwillingness to address major impediments at a global level. Indeed, even the current anemic pace of growth is probably unsustainable. The question is whether an honest assessment of the impediments to economic performance worldwide will spur policymakers into action.