Defying Gravity: Sources of growth in a slower growth economy
Defying Gravity
Slower growth is the new normal for the global economy, and it has business leaders worried. The fear is "a world of zeroes,"1 the phrase used by Nigel Wilson, Global CEO of insurance giant Legal and General, to describe a world of zero inflation, zero GDP growth per-capita, and zero productivity growth.
In short, a global economy in which progress is zeroed out.
Defying gravity in order to grow despite the slowing tug...