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.
Justin Trudeau's top
economic advisor says Canada needs to take big steps to stave off
stagnation, but the government has been
slow to live up to the challenge
HALIFAX — The loonie fell sharply Tuesday after Bank of Canada governor Stephen Poloz delivered a gloomy speech saying
slow economic growth is probably the new norm, requiring central bankers to keep interest rates low during a long period of
stagnation.
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.
Secular
stagnation and the
slow growth and financial instability associated with it have political as well as
economic consequences.
The report saw investors slash expectations for a rate hike from the Bank of England at its upcoming meeting next week after overall
economic growth
slowed to near
stagnation in the first quarter.