Bradley Associates World Current News:Global economy ‘in a dangerous new phase’
In its recent biannual publication, World Economic Outlook, the International Monetary Fund warned that the world economy was “in a dangerous new phase.” That warning was issued just days before the annual IMF-World Bank meeting of finance ministers and central bank governors in Washington.
With the World Bank and other international agencies more or less endorsing the IMF’s view, it was hoped that the high-level meeting (on September 24 and 25) would come out with a more tangible statement of intent if not a credible action plan to tackle the euro debt crisis and other pressing concerns than what it eventually managed. » Bradley Associates World Current News:Global economy ‘in a dangerous new phase’ |
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