Debate deepens among stagnationists and technologists

The latest secular-stagnation research shows that governments can often expand fiscal policy without longer-term cost

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In this article

  • Real rates tell the real story
  • Worse without fiscal expansions
  • Explanations
  • Other stagnationists
  • Counter-arguments
  • New policies needed
  • Fiscal policy is worth it
  • Other policies

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.