No one fell off the fiscal cliff. The euro didn’t collapse. Greece is still in the European Union. The stock markets are rebounding. But are we still in the Twilight Zone?
There is no one more suited at INSEAD to look into the economic crystal ball than Deputy Dean and Economics Professor Ilian Mihov – whose doctoral thesis was completed under the tutelage of (now Federal Reserve Chairman) Ben Bernanke. But when INSEAD Knowledge put the 2013 outlook question to Mihov, what we got were…more questions.
What will happen to the European debt crisis? What will happen in China? He wonders... “Right now the likely outcomes are – how should I say it? – not 'scary', but a slow recovery going into an extended recovery, which is not very satisfactory.”
To read the original article: What’s Ahead For 2013? | INSEAD Knowledge
