While it is no secret that bondholders like loan sharks will extract what they can…
Understanding “Secular Stagnation” C.P. Chandrasekhar and Jayati Ghosh
This article discusses the issue of the “new normal” of low or stagnating output growth that the analysts and reports of international organisations are talking about.
Secular_Stagnation (Download the full text in PDF format)
(This article was originally published in the Business Line, October 12, 2015.)