‘Act now or risk another deep downturn,’ OECD warns policymakers

Global policymakers have been warned by the Organisation for Economic Co-operation and Development (OECD) to “act now” to prevent “persistent and sluggish growth” and another economic downturn as it downgraded its global growth forecasts. In the OECD’s latest economic outlook published on Wednesday, the organization said that global growth had “languished over the past eight…

'Act now or risk another deep downturn,' OECD warns policymakersDetails

Yale’s Robert Shiller: No Regulation Can Stop Next Global Financial Crisis

Yale University Economics Professor and Nobel Laureate Robert Shiller warns that no amount of regulation can really protect the world from the next financial crisis because human nature is unpredictable. “The international regulatory framework has changed for the better since 2008, but no such changes can anticipate all the kinds of change in narratives that…

Yale's Robert Shiller: No Regulation Can Stop Next Global Financial CrisisDetails