<html><body><p>In a <a href="https://quotes.tuteehub.com/tag/world-23" style="font-weight:bold;" target="_blank" title="Click to read more quotes about WORLD">WORLD</a> with weak aggregate demand, <a href="https://quotes.tuteehub.com/tag/countries-7262" style="font-weight:bold;" target="_blank" title="Click to read more quotes about COUNTRIES">COUNTRIES</a> are engaging in a futile competition for a <a href="https://quotes.tuteehub.com/tag/greater-2096" style="font-weight:bold;" target="_blank" title="Click to read more quotes about GREATER">GREATER</a> share of it. In the process, they are creating financial-sector and cross-border <a href="https://quotes.tuteehub.com/tag/risks-1097" style="font-weight:bold;" target="_blank" title="Click to read more quotes about RISKS">RISKS</a> that will become increasingly <a href="https://quotes.tuteehub.com/tag/apparent-2243" style="font-weight:bold;" target="_blank" title="Click to read more quotes about APPARENT">APPARENT</a> as countries exit their unconventional policies.</p></body></html>

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In a WORLD with weak aggregate demand, COUNTRIES are engaging in a futile competition for a GREATER share of it. In the process, they are creating financial-sector and cross-border RISKS that will become increasingly APPARENT as countries exit their unconventional policies.

Author - Raghuram Rajan Subject - Intelligence

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In a WORLD with weak aggregate demand, COUNTRIES are engaging in a futile competition for a GREATER share of it. In the process, they are creating financial-sector and cross-border RISKS that will become increasingly APPARENT as countries exit their unconventional policies.

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In a WORLD with weak aggregate demand, COUNTRIES are engaging in a futile competition for a GREATER share of it. In the process, they are creating financial-sector and cross-border RISKS that will become increasingly APPARENT as countries exit their unconventional policies.

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