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Why should failures in the past drive monetary policy in the future?
Interest rates will not stay low forever; spending cuts and higher taxes will be needed
Its room for manoeuvre on conventional monetary policy is small
Analysis of macroeconomic theory suggests substantial ignorance of how economies work
Catherine Mann, who until recently was OECD chief economist, will take his place
Professional management of these portfolios could benefit investors and society alike
Citigroup analysts see Greece staying in the eurozone for the next three years
It will pay to follow individual stories at country or company level
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