TOPIC: Globalisation » Economy » Finance
Category
articles
Date
2012-02-29
Actor
Delong, J. Bradford
Source
New Europe
Uploaded date
2012-03-02
Uploaded by

The Usual Suspect

"Across the Euro-Atlantic world, recovery from the recession of 2008-2009 remains sluggish and halting, turning what was readily curable cyclical unemployment into structural unemployment. And what was a brief hiccup in the process of capital accumulation has turned into a prolonged investment shortfall, which means a lower capital stock and a lower level of real GDP not just today, while the recovery is incomplete, but possibly for decades." (Quoted from article)

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