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Rebooting the global economy

Three major mismatches need to be fixed if the global economy is to realise its potential on growth and distribution.
Friday, December 4, 2015 - 05:50
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Huge investment needs, especially in developing economies, are going unmet in the face of exorbitantly large pools of liquidity, much earning sub-optimal returns.

THE global economy is performing well below its potential on growth and on distribution because of three mismatches:

  • Between aggregate demand and aggregate supply;
  • Between investment needs and investible funds; and
  • Between the promise and the pitfalls of