Sunday, 12 June 2016

International Economic Week in Review: Global Growth is Still Weak and Getting Weaker

     The post-recession global economic environment has been plagued by a combination of crisis and controversial policy responses.  The potential for a “Grexit” in 2012 took the EU to the edge of calamity, while the current possibility of a “Brexit” is slowing UK growth.  China’s declining commodity demand slowed non-OECD countries growth.  And few governments engaged in meaningful fiscal stimulus, forcing central banks to perform the economic heavy lifting.



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