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How to ward off the next recession

Jean Pisani Ferry, (2019), «How to ward off the next recession», Bruegel, 2 Οκτωβρίου

Despite confident official pronouncements, the deteriorating state of the global economy is now high on the international policy agenda. The OECD recently revised down its forecasts to 1.5% growth in the advanced G20 economies in 2020, compared to almost 2.5% in 2017. And its chief economist Laurence Boone warned of the risk of further deterioration – a coded way of indicating a growing threat of recession.

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