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Rediscovering Growth. Andrew Sentance
Экономика. PerspectivesИнформация о книге
Название Rediscovering Growth
Год выпуска 0
isbn 9781907994272
Автор произведения Andrew Sentance
Жанр Экономика
Серия Perspectives
Издательство Ingram
Аннотация
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.