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Using critical slowing down indicators to understand economic growth rate variability and secular stagnation | NATURE paper

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Using critical slowing down indicators to understand economic growth rate variability and secular stagnation | NATURE paper

Global economic stability could be difficult to recover in the wake of the Covid-19, this Nature article finds. Even before the Covid-19 crisis, many of the world’s leading economies were experiencing larger slower growth cycles (recession cycles), suggesting precisely such a period of critical slowing down in the economic system. This analysis suggests that the added weight of the Covid-19 crisis may result in one of the weakest and most unstable recoveries in recorded history for many economies.

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