As recession takes hold in Europe, the US recovery falters, and emerging-market growth weakens, central bankers - especially at the Fed and ECB - are being pressed into action to shore up the global economy. But whether they can foster sustainable recovery – and, if so, how – is a matter of intense debate. Project Syndicate's economists consider the options.

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated cookie policy and privacy policy.