Will America’s decline be graceful?, Global public investors’ ESG strategies
Friday 30 October 2020 – Vol.11 Ed.44.5
Commentary: Will America’s decline be graceful?
By Meghnad Desai in London
Whoever wins on 3 November, America’s relative decline compared with the rest of the world – and by that I mean China and Asia – is set to continue. The US is a low tax economy with a low standard of public goods. To restore infrastructure and education will require massive public investment. Given...