A new year's resolution - start me up!

William W. Priest | Epoch Investment Partners | 06 January 2013

The title to a well-known song by the Rolling Stones? Yes. But it is also summarises the desire within developed economies for policies to induce growth, and provides a fitting theme song for central banks in their aggressive efforts to stoke demand in the face of fiscal policies moving in the opposite direction.

In the years following the Global Financial Crisis, poor global growth has resulted in a world burdened by ...