Countries Must Spend to Escape ‘Low-Growth Trap’

Topic 

Countries Must Spend to Escape ‘Low-Growth Trap’

Instructions 

All students are required to read ONE article on economic development or international trade and complete a one-page briefing form.  The forms are available in Blackboard. Please complete the briefing form and submit it through the Assignment Folder.

Answer Preview 

The main issue which the article is addressing is the need to ensure that the government makes sufficient investment as a way of enhancing economic growth. After the financial crisis, many regions face significant challenges as the growth has remained relatively low. The authors propose that the governments need to take up investment in order to increase productivity and minimize the negative effects of the slow growth since policies and the investment by the private sector have not been able to initiate much economic growth.

Word Count: 500