Still Squeezed: Austerity and inequality hold back the global economy

  • Publication Date:
    January 2012
  • Report Number:
    TCBR49

In a Q&A, Bart van Ark, chief economist of The Conference Board, looks to the 2012 global economy, predicting continuing slow growth, exacerbated by social and political conditions, most importantly income inequality. The widening wealth and income rift not only divides society—it misallocates capital and resources and shows in stark detail how much is wasted.

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