Putting the global economy on a more virtuous path
Economy | Information | History | Online | Facts | World | Global | Money
Determined and systemic action to implement a comprehensive reform agenda across a wide range of policy areas offers governments the best chance to boost weak demand, restore healthy economic growth, create jobs and ensure that the gains are broadly shared across society, according to the OECD’s Going for Growth 2015 report.
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Most of the growth is mainly due to a redistribution of wealth, because it's the poor, lower classes that will spend money to keep themselves above water. Now that's going especially in the UK with the reduction and/or withdrawal of tax credits meaning the poor and lower class spend less money in the shops thus creating stagnation.
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