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Preparing for the next recession

21st October 2018

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The Economist speculates that whilst we're ten years away from the last recession, we shouldn't be complacent and we might be on the brink of another recession, perhaps triggered by emerging markets or Italy.

However, unlike the last recession, it's suggested that we might be less able to combat any slowdown, in part because of the political circumstances that make co-operation harder, but also because of low global monetary policy interest rates that give central banks less room to manoeuvre.

Preparing for the next recession

When the next recession comes, poor preparation and a lack of global co-operation could turn a minor downturn into something more serious. @ryanavent explains how that can be prevented pic.twitter.com/9NxBMVCUoy
— The Economist (@TheEconomist) October 21, 2018

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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