global economy http://blogs.worldbank.org/growth/taxonomy/term/11539/all en Secular Stagnation: A Working Pair of Scissors Needs Two Blades http://blogs.worldbank.org/growth/secular-stagnation-working-pair-scissors-needs-two-blades <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><img alt="" height="225" src="http://blogs.worldbank.org/growth/files/growth/Scissors.jpg" style="float:right" title="" width="300" />The role of asset bubbles as an unsustainable pillar of pre-2007 world economic growth has been widely recognized. Simultaneously, analysts worry that a secular stagnation, though momentarily offset by asset bubbles, may have been already at play in major advanced economies, leading to the ongoing <a href="http://www.economonitor.com/blog/2014/03/crisis-recovery-flying-on-a-single-engine/" rel="nofollow">sluggish and feeble recovery</a>.</div></div></div> Wed, 12 Mar 2014 14:18:00 +0000 Otaviano Canuto 8877 at http://blogs.worldbank.org/growth China and Emerging Markets: Riding Wild Horses http://blogs.worldbank.org/growth/china-and-emerging-markets-riding-wild-horses-0 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><img alt="" src="http://blogs.worldbank.org/growth/files/growth/Year%20of%20the%20Horse.jpeg" style="float:right; height:225px; width:300px" />One month ago, I discussed some <a href="http://blogs.worldbank.org/growth/calibrating-2014" rel="nofollow">major risks</a> to a slight upturn in the global economic scenario for 2014.</div></div></div> Tue, 04 Feb 2014 00:01:00 +0000 Otaviano Canuto 8874 at http://blogs.worldbank.org/growth Calibrating 2014 http://blogs.worldbank.org/growth/calibrating-2014 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><img alt="" src="http://farm6.staticflickr.com/5082/5321278576_df7f8e5d12.jpg" style="float:right; height:199px; width:300px" />The global economy looks poised to display better growth performance in 2014. Leading indicators are pointing upward – or at least to stability – in major growth poles. However, for this to translate into reality policymakers will need to be nimble enough to calibrate responses to idiosyncratic challenges.<br /><br /></div></div></div> Thu, 02 Jan 2014 18:16:00 +0000 Otaviano Canuto 8871 at http://blogs.worldbank.org/growth