The sense in business circles, that demand is weak and growth is slowing down, was…
The Unsustainable US Recovery C. P. Chandrasekha and Jayati Ghosh
Even the limited and unsteady recovery of growth in the US a decade after the 2008 crisis is based on an increase in debt that renders it unsustainable.
Unsustainable_US_recovery (Download the full text in PDF format)
(This article was originally published in the Business Line on June 5, 2017)
