Sentences with phrase «global economic stagnation»

The International Monetary Fund (IMF) has been warning for months that the global economy and the Canadian economy are about to enter a period of global economic stagnation, high unemployment and growing income inequality.

Last fall, confronted with the prospect of global economic stagnation, the G20 recommended a major global infrastructure initiative to raise global output by 2 per cent over the next five years.

Not exact matches

The Great Stagnation: In «Why the global economy may be doomed to lower growth — maybe forever,» Simone Foxman gives four reasons why economic growth may be much slower in the future: scarce resources, an aging labour force, stagnant technology growth and externalities from climate change.

For Canadians, it is important that our political parties start discussing and debating the policy actions a «new» government should take to respond to the International Monetary Fund (IMF) observation, that the global economy, and therefore the Canadian economy, could be entering a long period of economic stagnation, characterized by slow growth, high unemployment and increasing income inequality.

While there are some signs of recognition such as the Fed's reduction in its estimated neutral rate from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World Economic Outlook, ECB president Mario Draghi's call for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next decade.

The IMF last week openly discussed the possibility of stagnation, as it cut its outlook for global economic growth to a meagre 3.1 per cent.

For the rest of 2018, we expect continued global economic growth and corporate earnings, and the end of secular stagnation.

The systemic sources of the UK's influence — its permanent seat on the UN Security Council, its membership of NATO and (still) the EU, its position as a leading trading nation and major global economy, and still comparatively large defence expenditure — remain in place, albeit diminished by five years of economic stagnation.

The Brazil that was immune to the effects of the global crisis of 2008 shows at present signs of economic deterioration characterized by low GDP growth and the return of inflation, which could mean the existence of a process of economic stagnation with inflation (stagflation).