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What is the low growth trap

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What is the 'low-growth trap'?

The OECD's solution to the low-growth trap is to increase government spending.

Why does the OECD think this would be helpful? Do you agree or disagree?

https://www.oecd.org/eco/growth/avoiding-the-low-growth-trap.pdf
https://www.thonline.com/news/business/article_a5e1f645-b6c8-5089-b05b-fbb6b8e19394.html
https://www.bloomberg.com/news/articles/2016-06-01/oecd-blasts-governments-as-world-slips-into-low-growth-trap
https://www.forbes.com/sites/timworstall/2016/06/01/oecd-worries-governments-are-caught-in-a-low-growth-trap-but-their-solution-is-wrong/#2f199c957f9e

Reference no: EM131139210

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