Publications

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Faltering Growth: Urgent Reforms or Stagnation?

The balance of probability is that growth will decelerate sharply by the fourth quarter of this year to about 5% (this was the average recorded during the 30 years of the conflict) and inflation will be at a double digit level. There is an urgent need for a mix of policies that not only curtail aggregate demand but also create the impetus for a robust supply response.

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Pathwalker, there is no path. You must make the path as you walk - Antonio Machado

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