Editor, Investment Strategy. Europe, Middle East and Africa, London
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Sep 8, 2014
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Sep 3, 2014

Bretton Woods II lives on, packing pain for western workers

LONDON (Reuters) – Pressure on western workers from the integration of China and other emerging giants into the world economy shows no sign of abating and that protracted shock will also keep borrowing rates subdued for years to come.

That’s the conclusion of three economists who a decade ago characterized the reshaped global economy of the new millennium as ‘Bretton Woods II’ – a monetary system aping the fixed exchange rate regime after World War Two.

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    • About Mike

      "Mike Dolan is Reuters' Investment Strategy Editor in Europe. He has been a correspondent and editor for the past 20 years, working for Reuters from London and Washington DC in a variety of roles covering global policymaking, economics and investment trends."
      Joined Reuters:
      Reuters Editor of the Year, 2009. Reuters multimedia journalist of the year award, 2011
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