The global economy faces multiple simultaneous pressures on GDP growth at a time when the scope to stimulate growth from public funds is said by most policy makers to be limited by high debt and deficit levels. Is this true? Can the threat to growth in the short-or even medium-term be reduced in the absence of some kind of managed default and debt restructuring, or can society achieve recovery in the absence of such measures?
In the lead up to the 2014 INET conference in Toronto, Ontario, we speak with CIGI experts to learn more about innovation in the global economy.
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