Tag - Inflation

Avoiding Another Lost Decade – Richard Kozul-Wright (pt1/4)

If current trends continue, in 10 years' time wages will be back to the brink of the abyss level of 1930. If governments opt for premature fiscal tightening, the recovery will fizzle out by 2022, says Richard Kozul-Wright, the Director Division of Globalization and Development Strategies at UNCTAD.