Why Toxic Politics Can Foster Economic Crises

Why Toxic Politics Can Foster Economic Crises
RCP

NEW YORK (Project Syndicate) — The relationship between politics and economics is changing.

Advanced-country politicians are locked in bizarre, often toxic, conflicts, instead of acting on a growing economic consensus about how to escape a protracted period of low and unequal growth. This trend must be reversed, before it structurally cripples the advanced world and sweeps up the emerging economies, too.

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