How much slower? I don't know. But it will be slower. 0.2% per year? 0.1% per year?
We are live at the Economist:
Will the financial crisis and its aftermath lower the world economy's potential rate of growth?:
Yes, largely because central bankers will behave differently
Brad DeLong our guest wrote on Jul 14th 2010, 12:56 GMT
I THINK that the answer has to be yes.
The net result of the financial crisis will be that the world's average unemployment rate and level of capacity...
Published on July 14, 2010 08:12