The Global "New Normal" is Not New- But it
is still a real concern*
Jun 21st 2016, C.P. Chandrasekhar and Jayati Ghosh
Global
growth rates of the last five years are similar to those
in the past, but now they are accompanied by unprecedented
monetary expansion that seems to have little impact.
*This
article was originally published in the Business Line
on June 20, 2016.
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