The writer is chair of Rockefeller InternationalOver the past half century, as governments and central banks teamed up ever more closely to manage economic growth, recessions became fewer and farther between. Often they were shorter and shallower than they might have been. After so much mildness, most people cannot imagine a painfully lasting business cycle. But the global economy is heading into a period unlike any we have seen in decades.
本文作者是洛克菲勒国际公司(Rockefeller International)董事长
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