Authors:

  • Kenneth Rogoff

Excerpt

What’s the Problem With Advanced Economies? Kenneth Rogoff, December 4, 2013, Opinion. "Is today’s slow growth in advanced economies a continuation of long-term secular decline, or does it reflect the normal aftermath of a deep systemic financial crisis? More important, do we need to answer that question definitively in order to boost the pace of economic recovery? At a recent International Monetary Fund (IMF) conference, former US Treasury Secretary Lawrence Summers argued that today’s growth blues have deep roots that pre-date the global financial crisis..." Link verified June 19, 2014