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When will it feel like the economy is recovering?

24 February 2014 Last updated at 09:45 GMT

When will the global and UK economies recover? Crucially, when will it feel like things are improving?

The BBC's chief business correspondent Linda Yueh looked into the subject for The Editors, a programme that asks challenging questions.

She found that the world economy is recovering, with the International Monetary Fund expecting growth of 3.7% this year, the highest since the crash.

But Richard Koo, head of research at Nomura, says: "People still aren't borrowing money. This is a very difficult problem to get a hold of because it's a psychological problem."

Watch The Editors on BBC One at 23:20 GMT on Monday 24 February (except in Wales, Scotland and Northern Ireland) or catch it later on iPlayer.

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