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Deleveraging, What Deleveraging? The 16th Geneva Report on the World Economy
The world has not yet begun to deleverage its crisis-linked borrowing. Global debt-to-GDP is breaking new highs in ways that hinder recovery in mature economies and threaten new crisis in emerging nations – especially China. The latest Geneva Report on the World Economy argues that the policy path to less volatile debt dynamics is a narrow one, and it is already clear that developed economies must expect prolonged low growth or another crisis along the way.
《日内瓦报告》的一个发现，是当人们都在讨论全球经济如何“去杠杆”，即减轻债务负担之际，实际债务水平却在持续增长。
报告还指出，创纪录的债务和缓慢增长这对“有毒组合”，意味着全球经济可能正走向另一次危机。
希望对大家有用！谢谢回复！
Geneva16.pdf
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