Europe needs new approach to escape economic malaise - Columbia Threadneedle Investments

With monetary policy seemingly reaching the limits of its effectiveness, another approach is required for the continent to avoid ‘Japanification’. Columbia Threadneedle Investments believe a focus on productive sustainable investment could not only stimulate growth, but also bring about social and environmental benefits.

Only members with restricted access (ie. academics, asset owners, government and regulatory, independent advisers/trustees and sponsoring employers) can view this article. Please login or join to view.

...

The eurozone’s slow growth, low inflation and low interest rates are increasingly a concern for analysts. Much has been written about “Japanification” or the “limits” and “side effects” of monetary policy, but less about alternative ways to avoid these outcomes. Columbia Threadneedle Investments believe that with a bit of thinking outside the box, and a focus on environmental and social issues, a mechanism exists to restart economic growth.

Authors:

Paul Smillie, Senior Investment Analyst, Fixed Income
Simon Bond, Director of Responsible Investment Portfolio Management
Benjamin Kelly, Senior Thematic Analyst, Global Responsible Investment

Learn more here