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Politico:
Markets to policymakers: Do something!

21 January 2016

Tumbling global markets are issuing a cry for help to policymakers of all stripes: Do something. As investors, traders and pundits scramble to understand the reasons for the terrible start to 2016, more and more are looking at central banks and politicians to restore the swagger of years gone by. ''If we have another bad shock, what are policymakers going to do? Interest rates are already near zero,'' said John Van Reenen, director of the Centre for Economic Performance at the London School of Economics. He points to investor fears of a prolonged slowdown in economic growth as the key ''fear factor'' coursing through the markets.

This article was published by Politico on January 21, 2016
Link to article here

Related links
John Van Reenen webpage
Growth Programme webpage

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