Has the need for governments to support the financial sector in times of crisis been removed?

Global Economy Watch – April 2016

March saw a lot of action on the global economic stage. Chinese policymakers announced a 6.5 – 7 % target range for real GDP growth this year. Closer to home for me, another major policy announcement was the UK Budget.

Moving to a global issue, we have reviewed the progress that has been made since the financial crisis in reducing government support for the financial sector in time of crisis.