We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

The wealth trap

28 November 2014 By Edward Hadas

The sharp oil price decline effectively crushes any hope of an inflation revival, even if the ECB eases, yet again. Fiscal caution, sluggish banks and mild reforms will restrain job creation in key economies. The prognosis is very slow progress with a high chance of crisis. 

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)