David Leggett

Articles by David Leggett

COMMENT: Recovery will be slow - and fragile

3 August 2009

The global economy is awash with talk that the bottom may have been reached. Fiscal stimulus packages have taken effect, while there is the prospect of a recovery based on restocking next year. However, David Leggett argues, the underlying causes of the downturn have not gone away - and could lead to a W-shaped recession.

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