Challenges and threats to economic stability

Part 1                                     

Foreword

Owing to newspaper space constraints, last week’s column was not carried in full. Before I embark on the challenges and threats to economic stability, therefore, here is the final segment on ‘Macroeconomic performance and slippage in public debt:

Finally, the behaviour of the standard macroeconomic variables tells their own tale. These variables include: the saving (domestic and foreign)/GDP ratio; investment (private and public)/GDP ratio; consumption