Thursday, November 29, 2018

Hites Ahir, Nicholas Bloom, Davide Furceri — Global uncertainty is rising, and that is a bad omen for growth

The global economy is growing, but so is uncertainty. This column presents a new quarterly index of uncertainty for 143 countries. The World Uncertainty Index reveals how uncertainty in the world has evolved over time, whether it is synchronised across countries, and how it compares across income groups and political regimes.
Voxeu
Global uncertainty is rising, and that is a bad omen for growth
Hites Ahir, Senior Research Officer, IMF; Nicholas Bloom, Professor of Economics at Stanford University, and Davide Furceri, Senior Economist in the Research Department, IMF

1 comment:

Noah Way said...

The medical profession refers to unrestrained / unrelenting growth as cancer.

Looking at this intelligently, why do we need growth? To sustain capitalism, of course.