Problem
Read this article: "High rates, inflation to slow world growth: OECD forecast" by Paul Wiseman And David Mchugh.
Answer the following questions in detail.
a) What are the 3 reasons OECD believes the economy will only slight grow?
b) Which regions will international economic growth come from?
c) Why has China struggled to get it economy back on track?
d) Explain this quote, "Financial strategies put in place during the long period of hyper-low interest rates may be exposed by rapidly rising rates and exert stress in unexpected ways,"