featuredLAGUNA BEACH – The world is increasingly characterized by divergence – in economic performance, monetary policy, and thus in financial markets. Global divergence has already contributed to stock-market volatility, unprecedented declines in advanced economies’ government bond yields, and outsize currency movements. And the trend is not abating, placing increasing pressure on already-strained political systems.
The world’s systemically important economies can be placed into four categor...
This story is part of New Europe's Premium content.
|To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑|