Opinion | A Santa Colomba tradition and a global economy at a crossroads4 min read 26 Jul 2019, 03:44 PM IST
With most policy tools already exhausted, the big question is whether policymakers have any firepower left to boost growth
As always, it was a pleasure to return this past month to the rolling hills of Tuscany and the annual Santa Colomba Conference, convened and chaired, as ever, by Nobel economist and my own great guru Robert Mundell. This year’s theme was, “The Global Economy at a Crossroads?", and the question mark captures perfectly, I believe, the uncertainty hanging over the global political economy at the moment.