In this report, produced by the Economist Intelligence Unit and sponsored by BNY Mellon, the vast and fundamental changes in the role of central banks since the 2008 economic meltdown. To better understand the challenges facing central banks in the post-recessionary period, the EIU conducted in-depth interviews with nine prominent economists, analysts and portfolio managers. These experts expressed a wide range of views. Some were especially critical of central bank action over the last four years. All had pointed opinions about the role central banks should assume in the future.
This is the first of two follow-up papers to The search for growth: Opportunities and risks for institutional investors in 2012 report, published in May 2012, which offers a picture of the global economy and investment market that is unfolding in 2012 based on a global survey of almost 800 institutional investors and corporate executives.
The findings and views expressed in the report do not necessarily reflect the views of the sponsor. The author was Eric Laursen and the editor was Annabel Symington.
