It's finally here - the new issue of the Quarterly Report!

Supposedly, no one would argue that an economy, especially a global one, is far too complex – far beyond anyone’s full comprehension. It resembles a bunch of gears with varying diameter and number of teeth, connected together in one enormous contraption. Meanwhile, the policymakers are the ones who take part in the mechanical reasoning test and turn the first wheel to guess direction and speed of the last one, the wheel of economic grow…
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