From crisis to moderation? It is less than six years since the - TopicsExpress

From crisis to moderation? It is less than six years since the global economy was shaken by its worst recession in 80 years, and the recovery is far from complete. Yet some strategists, including advisers to the US president, Barack Obama, are asking whether the world is entering a second Great Moderation, a reference to the period from the mid-1980s to the mid-2000s in which the global economy experienced a period of sustained growth and low inflation. The Economist Intelligence Unit believes there are crucial differences between the performance of the economy today and during the Great Moderation, not least the current, greater intervention in the global economy by central banks. bit.ly/1i4DNgs

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