ENGLISH

Rediscovering Growth : After the Crisis

By Andrew Sentance

Book information

Publisher
London Publishing Partnership
Year
2013
ISBN
9781907994272, 9781907994159
LCC
HG5740.8.A3 .R384 2013
Language
english
Format
EPUB
Filesize
2 MB (2064806 bytes)
Series
Perspectives
Edition
1
Pages
128\0
Time added
2023-08-05 23:10:09
DebtsExternal. ; Economics. ; Financial crisis.; BUS068

Description

The difficult economic climate in Europe and the United States since the financial crisis is set to continue as the New Normal, despite frantic efforts to stimulate growth. The long phase of expansion that lasted from the 1980s until 2008 was driven by easy money, cheap imports and confidence – all gone. And the shift of geopolitical power to Asia is permanent. This does not mean that Western economies are inevitably condemned to ‘lost decades’ ahead. They can rediscover productivity and growth – but governments face formidable political obstacles to the reforms this would require.

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