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January 14th 2012

The Outlook for 2012: Prospects in an age of instability

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  • Strategy

Having welcomed David Smith, Mike Haffenden (PARC) commenced the meeting by asking members how their companies were experiencing the current economic environment... This mix of positive and negative comments set the scence for David's opening remark that, whilst economists do not get prizes for being optimistic, he tries to balance the tendency to pessimism with an element of optimism or 'realism'. His presentation follows this approach and focuses on the economic outlook for the next 12 months.

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