It's OK to spend a bit as world wriggles free of austerity grip
Governments around the world are planning fresh spending to boost growth and support wages
Wed, Aug 03, 2016 - 5:50 AM
China, the world's second biggest economy, is pumping cheap credit into banks, companies and local governments in an effort to stoke growth.
WAS Larry Summers right after all?
Around the world, governments are planning fresh spending to boost growth and support wages, heeding the advice of the Harvard University economist and others who have argued that economies need the jolt as society ages and productivity...