Challenges and threats to economic stability
In last Sunday’s column I considered the overhang of poverty (extreme and moderate), inequality (consumption), and vulnerability as constituting challenges and threats to macroeconomic stability. This week I will assess the social-political risks in the aftermath of the November 28, 2011, national elections. However, I wish to make it clear I do not intend to engage in an extended political analysis. Other commentators and analysts who proclaim their expertise in this field have already been engaged in public dialogue on this subject. Instead, my intent is to identify for readers’ benefit a sampling of the increased political downside risks, …..To continue reading, login or subscribe now.