Not exact matches
«True, there are encouraging signs of
economic recovery in those advanced economies most affected by the global financial crisis which erupted in 2008... [but] the report finds that those
economic improvements will not be sufficient to absorb the
major labor market
imbalances that built up in recent years.»
However growth has been volatile and accompanied by recurrent sizeable
economic imbalances and tensions, only partly reflecting
major aluminium - related investment projects.
Even so, several financiers and central bankers throughout history tried experimenting with a fiat currency system, a decision which often led to
major imbalances between monetary and fiscal policies, and eventually
economic depressions.
What is demanded now is a
major, coordinated national project to regain our
economic competitiveness in strategic sectors while permanently correcting the
imbalances that led to the Great Recession.