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Economic Growth Has Stalled, Let's Fix It

February 26, 2016

 

"Our ability to create and sustain economic growth is the defining challenge of our time."

 

Dambisa Moyo is a global economist and author who analyzes the macroeconomy and international affairs. Her work examines the interplay of international business and the global economy, while highlighting the key opportunities for investment; capitalizing on her rare ability to translate trends in markets, politics, regulatory matters and economics into their likely impact on global business.

 

Economic growth is the defining challenge of our time; without it, political and social instability rises, human progress stagnates and societies grow dimmer. According to Moyo; 

 

"Dogmatic capitalism isn't creating the growth we need."

 

As she shows, in both state-sponsored and market-driven models, capitalism is failing to solve social ills, fostering corruption and creating income inequality. Moyo surveys the current economic landscape and suggests that we have to start thinking about capitalism as a spectrum so we can blend the best of different models together to foster growth.

 

"Unless, and until, we solve economic growth and create a sustainable long term economic growth we will be unable to address the seemingly intractable challenges that continue to pervade the globe today."

 

 

 

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