BLOG: Policymakers should be preparing for the next crisis
LONDON (ICIS)–Click here to see the latest blog post on Chemicals & The Economy by Paul Hodges, which looks at how “demographics are destiny” while policymakers have refused to accept that ageing populations meant growth was inevitably slowing in all the major regions.
“Instead, they decided from 2003 onwards that they could effectively ‘print babies’ via stimulus policies,” says the author.
Editor’s note: This blog post is an opinion piece. The views expressed are those of the author and do not necessarily represent those of ICIS. Paul Hodges is the chairman of consultants New Normal Consulting.