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What ails investment?

Sluggish growth, stressed financial systems and unearthed capacity created a different environment

Investment
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Illustration by Binay Sinha

Subir Gokarn
The World Economic Outlook Update published by the International Monetary Fund in January 2017 indicates that the global economy is in a slow recovery mode. All major economies and regions are expected to grow faster in 2017 and 2018 than they did in 2016, with some of them accelerating quite noticeably. However, this relatively positive prospect for the next couple of years needs to be tempered by the fact that there are a number of structural deterrents to growth that are likely to impact longer-term performance adversely. One of these is investment.
 
Investment activity was a significant contributor to
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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