Monday, 3 October 2016
Global Economy Remains Mired in Swamp of Low Growth (Eswar Prasad, Karim Foda, Brookings)
In true Sisyphean fashion, the world economy is faltering yet again, unable to gain much elevation and sliding back into the low growth morass it has been stuck in for some time. Major advanced and emerging market economies appear to be converging to a low growth environment characterized by weak investment, stagnant productivity, and tepid private sector confidence.
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