ECONOMIC AFFAIRS: Leadership needed to overcome global slump*

The world is struggling to find leaders capable of solving the global economic crisis that has left many nations with huge debts, high unemployment and vast inequalities.
Before the 2008 global financial crisis (GFC), the captains of finance and industry could use the annual Davos economic summit to trumpet the virtues of “deep” economic globalisation, technological change and financial liberalisation. They argued that these policies would create a new era of relentless growth.&…

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