A decade on, the economy is showing no signs of returning to the way it used to be
Tag: macroeconomic
America’s recovery breeds complacency about macroeconomic risks
FIVE years after the darkest days of the financial crisis, Lawrence Summers took the dais at an IMF forum to offer a few thoughts on America’s recovery. It was lousy. Growth showed no signs of making up ground lost during a deep recession. The unemployment rate had only just fallen back below 7%. It was […]
