2011 In Review: Four Hard Truths

2017-04-15T14:14:06-04:00December 21, 2011|

As 2011 draws to a close, the recovery in many advanced economies is at a standstill, with some investors even exploring the implications of a potential breakup of the euro zone, and the real possibility that conditions may be worse than we saw in 2008. Olivier Blanchard, the IMF's Chief Economist, draws four main lessons in his year in review.