analyse fra Natixis – læs hele analysen her
The world is in a situation of non-cyclical, structural recession Author: Patrick Artus What we call “structural recession” is a situation of very weak global growth which is not due to cyclical fluctuations but to persistent structural problems that are specific to each region: – In China, loss of cost competitiveness in an economy that is too focused on low-end products; – In Japan, income distribution that is too unfavourable to employees; – In emerging countries other than China, bottlenecks that prevent growth from picking up; – In commodity-exporting countries, falling commodity prices; – In the United States, the economy’s dependence on the energy sector; – In the euro zone, under-investment linked to excess indebtedness and uncertainty. Expansionary monetary policies, although they are being used, are unable to pull the world out of this situation of structural recession.
