Fighting the next recession: Unfamiliar ways forward

Posted: February 18, 2016 in economy
Tags: , ,

UK Only Article: 
standard article

Issue: 

Out of ammo?

Fly Title: 

Fighting the next recession

Rubric: 

Policymakers in rich economies need to consider some radical approaches to tackling the next downturn

Main image: 

20160220_FBD001_1.jpg

AT THE start of most years in the past decade, the list of worries about the world economy has seemed longer than that of reasons for hope. The first few weeks of 2016 have upheld this new tradition. Many emerging markets are wrestling with excessive debts, slow growth, plunging currencies and rising inflation. China, the world’s second-largest economy, is a source of a peculiarly intractable anxiety. If its growth falters, it stokes worries about the prospects for other emerging markets; if activity holds up, though, concerns shift to the ever-rising debt that makes such feats possible, but not necessarily sustainable. The euro area’s troubles are no longer acute; but a chronic condition with an uncertain prognosis is a hard thing from which to take much …

via Economic Crisis http://ift.tt/1QnIOuW

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