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

Heed the crisis, not the panic

5 August 2011 By Ian Campbell

Markets are panicking amid fears of world recession. That looks overdone for now, and falling commodity prices support growth. So policymakers should keep cool. The euro zone faces systemic crisis but conventional policy would help: Italy and Spain must tighten fiscally – fast.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)