It is not an overstatement to describe economic growth in much of the developed world—especially in the US and Europe—as lacklustre. Since the Global Financial Crisis of 2007–8, growth rates have consistently remained below trend. Notably, this dilemma has persisted for the last 7 years, so it’s about time we better understand why growth hasn’t returned to its pre-crisis trajectory.
What can developing nations learn from developed nations?
Travis Huynh examines the growth of countries around the world to uncover the factors that have underpinned their success and the lessons that other countries can learn.