In markets and economics, interpretations of whether things are getting better or worse depends on the start and end point used in the analysis

In markets and economics, interpretations of whether things are getting better or worse depends on the start and end point used in the analysis. In 2014, advanced economies will strengthen relative to 2010 -13, but the world needs to adjust and prepare for several years of soft and subpar growth in the wake of still highly leveraged balance sheets, worsening demographics, little credit growth, rising cost pressures in emerging markets and less capital deepening by households. This weaker than normal environment is the new operating norm and countries need to come together and embrace more investment, free up labour markets and deregulate product markets to boost growth, otherwise the recovery will remain soft for many years to come. (VIEW LINK)