The New Growth Model and Economic Policy Platform
Structural crises of the past have had a significant impact on the world economy even before the COVID-19 pandemic emerged in 2020. The ongoing medical crisis exacerbates the double-dip recession we have witnessed before. Challenges are consequential. By checking the pulse of the global economy, we...
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| Format: | Article |
| Language: | English |
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Risk Institute, Trieste- Geneva
2020-07-01
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| Series: | Cadmus |
| Online Access: | http://cadmusjournal.org/article/volume-4/issue-2-part-2/new-growth-model-and-economic-policy-platform |
| Summary: | Structural crises of the past have had a significant impact on the world economy even before the COVID-19 pandemic emerged in 2020. The ongoing medical crisis exacerbates the double-dip recession we have witnessed before. Challenges are consequential. By checking the pulse of the global economy, we see a high level of risk, fragile growth outlook, and increasing tensions between economic scholars and architects of the system over the evident polarization regarding rules concerning new economics. It is undeniable that the global economy has imbalances, like high financialization, income inequality, climate change, and economic shutdown. So, it desperately needs a new platform for shaping a better future. Identification of inflection points in the line of reasoning will help reveal the compatibility of emerging conceptual platforms. |
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| ISSN: | 2038-5242 2038-5250 |