Rich Countries Lag Emerging Markets in Growth | The Big Picture

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Growth has lagged the developing economies, and the major reason has been that “government spending has been far more restrained than in past recoveries from major recessions.”

 

Kenneth Carnesi‘s insight:

The price of austerity?

See on www.ritholtz.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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