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After the 2008 meltdown, there is limited scope for monetary policy, nations are divided and populism is on the rise
Via Graham Watson
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Rescooped by Bruce Fellowes from International Economics: IB Economics |
Scoop.it!
Via Graham Watson
Larry Elliott's in pessimistic mood in today's Observer, suggesting that we wont have the policy instruments available to deal with any possible future financial crisis.
He see four main constraints on the policy environment: a lack of wiggle room in monetary and fiscal policy, and less chance of international co-operation too. Factor in the rise of populism and you could be forgiven for thinking that we're doomed.