PETERSON INSTITUTE: Western Economies Embrace More State Intervention, Emulating Asia
(From The Wall Street Journal)
“It’s a major historical development,” said Adam Posen, a former Bank of England policy maker who is now president of the Peterson Institute for International Economics in Washington. “It’s a reaction to China. It’s a reaction to Covid-19 and wanting to have more reliability and government control.”
This article was originally posted here: https://www.ac2news.com/2020/11/peterson-institute-western-economies-embrace-more-state-intervention-emulating-asia/.