Getting past slow growth (Kemal Derviş, Brookings)

Most economists nowadays are pessimistic about the world economy’s growth prospects. The World Bank has, yet again, downgraded its medium-term projections, and economists the world over are warning that we are facing a “new normal” of slower growth. Where there is less consensus—or so it seems—is in accounting for this weakness.

http://www.brookings.edu/research/opinions/2016/04/15-getting-past-slow-growth-dervis