"Three factors will determine whether such fears are justified [Optimism about a "V"-shaped recovery is being replaced with pessimism about a double-dip recession]. The first is the strength of the recovery—whether it is self-sustaining, or still propped up by government stimulus. The second is the scale of the sovereign-debt problems—whether Greece is a basket-case all of its own, or investors lose confidence in other heavily indebted governments. The third is the deftness with which the world's central bankers and finance ministers design and co-ordinate the withdrawal of policy stimulus."
New dangers for the world economy
No hay comentarios:
Publicar un comentario