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29 July 2011


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I think that this an excellent piece of analysis and reinforces my own intuitive views.

At the moment, monetarists still seem to prevail and Keynesian stimulus seems out of fashion. President Obama has bravely offered Keynesian medicine but after Sunday night's debt ceiling agreement,further Keynesian are probably ruled out.

I would be interested to here suggested policy changes to stimulate investment?

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John Ross

  • Is Senior Fellow at Chongyang Institute for Financial Studies, Renmin University of China

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