ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Grow Slow, But Steady

Grow Slow, But Steady

If history has anything to teach us, then we should not ignore Raghuram Rajan’s recent warning of the world slipping into a 1930s-type Depression, albeit for altogether different reasons. The possibility of the repeat of 1930s Great Depression cannot be negated if one understands the nature of growth that has taken place across the globe in the recent decades. A large part of the growth in many countries and regions is debt-fuelled.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top