U.K. economist Adam Posen is a major figure in the debate about why the U, in the global economic landscape, is outperforming the rest of the developed world.
The former economist at the World Bank has argued that the U., with its large, fast-growing population and high-tech sector, is the only country with a clear path to recovery and a future.
“The U.A.E. is the most attractive place to invest in,” he told Business Insider.
“You can invest in the country and there’s no other place like it.”
But Posen’s views have been challenged by economists, who have argued that U.
As. economy has struggled in recent years as the U was hit by the Great Recession, and the UAW has argued U.
Is. productivity has not kept up with those of other advanced economies.
In fact, productivity has fallen for the past six years, Posen said, and there is a “high risk” that the next recession could be as bad as the Great Depression.
What do you think about Adam Posing?
Do you agree with his argument?
Let us know in the comments section below. Read more Adam Posen was an economist at Bank of America before being named as a fellow at the Economic Policy Institute.
His latest book is The Unintended Consequences of Free Trade: How Globalization Threatens U. __________________________________________________________________________