Growth in An Age of Anxiety

In these early days of the current crisis, economics may take a back seat to military and strategic issues, but worries about the world economy abound. Restoring growth, indeed, will become an ever more vital issue. Of course, the need for growth had been questioned of late in developed countries as some people increasingly feared environmental damage, and others sought more leisure time instead of higher wages. In developing countries, however, doubts about growth were always more muted.