Home » Deleveraging? What Deleveraging? The 16th Geneva Report on the World Economy by Luigi Buttiglione, Philip R. Lane, Lucrezia Reichlin, Vincent Reinhart
Deleveraging? What Deleveraging? The 16th Geneva Report on the World Economy Luigi Buttiglione, Philip R. Lane, Lucrezia Reichlin, Vincent Reinhart

Deleveraging? What Deleveraging? The 16th Geneva Report on the World Economy

Luigi Buttiglione, Philip R. Lane, Lucrezia Reichlin, Vincent Reinhart

Published September 2014
ISBN :
ebook
106 pages
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 About the Book 

The world has not yet begun to deleverage its crisis-linked borrowing. Global debt-to-GDP is breaking new highs in ways that hinder recovery in mature economies and threaten new crisis in emerging nations – especially China. The latest Geneva Report on the World Economy argues that the policy path to less volatile debt dynamics is a narrow one, and it is already clear that developed economies must expect prolonged low growth or another crisis along the way.