The Other Side of Growth
Policymakers in China and India must avoid their Japanese counterparts' mistake and accept that GDP growth will inevitably slow. There is a lot that they can still do to improve the welfare of their citizens, and help us cling to some hope about our planet’s future.
BOSTON – One of the most worrying news stories of 2019 did not receive the coverage one might expect from media outlets in the United States or Europe. But the economic slowdown in China, and the potentially steep deceleration in growth in India, will most likely receive considerably more attention in 2020.