Turner, Adair, (2015), “Why We Need More Radical Policies To Kickstart Global Growth”, Social Europe Journal, 7 Οκτωβρίου
For two years, financial markets have repeated the same error – predicting that US interest rates will rise within about six months, only to see the horizon recede. This serial misjudgment is the result not of unforeseeable events, but of a failure to grasp the strength and global nature of the deflationary forces now shaping the economy.
Σχετικές Αναρτήσεις
- De Neve, J. E. & Norton, M. (2014) “Busts hurt more than booms help: New lessons for growth policy from global wellbeing surveys“, VoxEU Organisation, 08 Οκτωβρίου.
- International Monetary Fund (2014) Global Financial Stability Report – Moving from Liquidity- to Growth-Driven Markets, World Economic and Financial Surveys, Απρίλιος.