Global need – in search of growth

IT’S already six years since the Great Recession. Yet the world economy remains stuck in the doldrums – set on a course that is uncertain and unsustainable.

Demand is still weak, as reflected in falling oil and commodity prices as the once dynamic emerging markets’ slowdown fuels concern for the global outlook. The global system remains dysfunctional. The euro-crisis was simply papered over, with certain underlying problems remaining unresolved. Many have since resurfaced.