ID | 144021 |
Title Proper | Can central banks goose growth? |
Other Title Information | bold action is needed to fight the next downturn |
Language | ENG |
Author | Morris, Ian ; Hill, J. Tomilson |
Summary / Abstract (Note) | In the years since the global financial crisis of 2008 engulfed the world and the United States fell into the Great Recession, the panic has subsided and Western economies have recovered to varying degrees. But the downturn’s effects have proved profound and lasting, and serious risks [1] persist for the global economy. The recovery has been slow, inflation levels remain below the targets set by central banks, and total debt levels are much higher [2] than before the crisis began. |
`In' analytical Note | Foreign Affairs Vol. 95, No.2; Mar-Apr 2016: p.10-17 |
Journal Source | Foreign Affairs Vol: 95 No 2 |
Key Words | Global Financial Crisis ; US Economy ; Central Banks ; Goose Growth ; Fight the Next Downturn ; The U.S. Federal Reserve |