The Slow Recovery Continues

From iMFdirect - The IMF Blog Thu Jul 24 2014, 15:30:52

By Olivier Blanchard The recovery continues, but it remains weak, indeed a bit weaker than we forecast in April. We have revised our forecast for world growth in 2014 from 3.7 percent in April to 3.4 percent today. This headline number makes things look worse than they really are. To a large extent, it reflects [...]

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