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