APEsphere - Paul Krugman argues the global economy is stabilizing

Report Bugs

Blogs we like

Resources

Dead tree version

Paul Krugman argues the global economy is stabilizing

Save Story

The story has been saved to your saved stories list.Go to Saved

Add this link to:

Report Abuse:

So that we can keep the site friendly, legal and on-topic, please click the Report Abuse button if this story breaks the APEsphere Code.

Added by apesphere on 25 May 2009
From: www.reuters.com

Image courtesy Alan Cordova via Flickr

A positive conclusion from Nobel prize winning economist Paul Krugman: industrialized economies might actually grow a little this year.

Although catastrophe may have been averted, however, Mr Krugman warned against relying on export-led growth when the recession is so global. He feels a better approach lies in encouraging corporate investment in innovation related to averting the climate change crisis.

Andrew Newton is the author of The Handbook of Compliance: Making Ethics Work in Financial Services