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The global economic downturn has probably hit bottom though the recovery will be "slow and painful," said Paul Krugman (right), the Nobel Prize-winning economist. "The end of the world appears to have been postponed," Mr Krugman, a professor at Princeton...
Tags: Paul Krugman, Mr Krugman, Finland, Helsinki
Aggressive stimulus spending by governments helped the world avoid a second Great Depression but full economic recovery will take two years or more, Nobel Prize-winning economist Paul Krugman said Monday. Krugman said the worst of the global crisis was...
Tags: Paul Krugman, Mr Krugman, nobel prize, great depression, economist paul, world avoid, Asian, financial crisis, winning economist
Nobel-prize-winning economist Paul Krugman told Brussels on Tuesday (17 March) that the European Union is not spending enough on its fiscal stimulus programmes. Where the EU committed 200 billion in a recovery plan last year, Mr Krugman said Brussels...
Tags: European Union, Paul Krugman, stimulus packages, Mr Krugman