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Arvind Subramanian: Guarded optimism beats gloom

If we focus on the longue duree, there is promise for the developing world

When the world’s leading policymakers gather in Washington next month, we will hear a lot about the gloomy global outlook. There will be talk of economic threats from tortured US Federal Reserve efforts to return interest rates to normal, battles over Brexit and the anti-globalisation backlash. Yet despite the downbeat narrative of the countries that control the international policy agenda, for many of those present, and indeed the bulk of humanity, guarded optimism should trump gloom. For millions in developing and emerging economies, despite recent turbulence, this remains a golden ...

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Business Standard
177 22
Business Standard

Arvind Subramanian: Guarded optimism beats gloom

If we focus on the longue duree, there is promise for the developing world

Arvind Subramanian 

Arvind Subramanian When the world’s leading policymakers gather in Washington next month, we will hear a lot about the gloomy global outlook. There will be talk of economic threats from tortured US Federal Reserve efforts to return interest rates to normal, battles over Brexit and the anti-globalisation backlash. Yet despite the downbeat narrative of the countries that control the international policy agenda, for many of those present, and indeed the bulk of humanity, guarded optimism should trump gloom. For millions in developing and emerging economies, despite recent turbulence, this remains a golden ...

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Arvind Subramanian: Guarded optimism beats gloom

If we focus on the longue duree, there is promise for the developing world

If we focus on the longue duree, there is promise for the developing world When the world’s leading policymakers gather in Washington next month, we will hear a lot about the gloomy global outlook. There will be talk of economic threats from tortured US Federal Reserve efforts to return interest rates to normal, battles over Brexit and the anti-globalisation backlash. Yet despite the downbeat narrative of the countries that control the international policy agenda, for many of those present, and indeed the bulk of humanity, guarded optimism should trump gloom. For millions in developing and emerging economies, despite recent turbulence, this remains a golden ... image
Business Standard
177 22

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