Global growth is stalling: what must be done?
Jagjit Chadha says leaders are failing to make a serious attempt to tackle deepening global problems
Global growth is stalling. The question for us is whether it matters and, if so, what should be done? There is a respectable argument for saying “so what?” Global prosperity is at the height of human achievement, and it could be that our next set of priorities are about securing our standards of living rather than their augmentation.
But global economic growth this year and next will be the slowest since the aftermath of the financial crisis (except for Covid-hit 2020). Negative supply shocks
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