Johnson, Simon, (2016), “The Next Global Boom – and Bust”, Project Syndicate, 29 Απριλίου
The mood at the International Monetary Fund-World Bank spring meetings here earlier this month was grim. The latest IMF forecast for global growth has been revised downward yet again – suggesting the world will grow at an annual rate of just over 3% this year and again in 2017. If realized, this would be a dismal performance. Before 2007, global growth (using the IMF’s methodology) was in the 4.5-5% range, based on steady productivity improvements in industrial countries and rapidly rising living standards in large emerging markets such as China, Brazil, and Russia.
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- Gorton, Gary B., Ordoñez, Guillermo L, (2016), “Good booms, bad booms: Why only some credit booms end in a crisis”, Voxeu, 27 Μαρτίου
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