Do the US and Europe face economic stagnation?

28 October 2011 Last updated at 10:33 ET Help

Three years after the global financial crisis, people in Europe and the US may be forgiven for asking: "Where's my recovery?"

The unfortunate truth is, this "recovery" is likely to be weaker and more protracted than anything seen since the 1930s.

The BBC's economics editor, Stephanie Flanders, explains why.

You can find out more on our special report: The global economy - making it clear

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