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Global Imbalances and Global Financial Strains: Implications for Asia (IMF)

Story date: 2008-05-19 07:17:14
Added on: 2008-05-19 21:46:41


Two forces—financial market turmoil, and the sharp rise in energy and commodity prices—have combined over the past year to push the global economy off the path of solid growth and low inflation that had prevailed since 2003. According to the IMF's latest World Economic Outlook forecast, growth in all of the G-7 economies will have slowed to a below-trend pace by this year's final quarter, while ...


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