Joseph Stiglitz Says Bad Bank is 'Cash for Trash'

  • 12 years ago
Joseph Stiglitz Says Bad Bank is 'Cash for Trash'
World Economic Forum - World Economic Forum
The assumption that Europe, Japan and the United States could fend off recession at home by increasing exports to BRIC economies has been proved wrong along with the grander notion about the decoupling of emerging markets.As global trade continues to decrease along with commodity prices, what should be done differently by governments and industry to jump-start global economic growth?