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MEXICO CITY: The International Monetary Fund warned countries not to scale back stimulus measures to fight the global recession as that could jeopardize a return to weak growth next year. Full Article at Economic Times
Related Quotes
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Our forecasts of a return to even relatively sluggish output growth next year in the global economy are predicated on the implementation of the large scale stimulus measures that have already be promised for next year
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Our forecasts of a return to even relatively sluggish output growth next year in the global economy are predicated on the implementation of the large scale stimulus measures that have already be promised for next year
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The rudderless U.S. fiscal policy is the biggest long-term risk to the U.S. economy
– Kenneth Rogoff SOURCE: The Seattle Times -
My worry, of course, is that the initial bounce back from an extremely sharp downturn in world trade and industrial production will not continue at a 10 to 20% rate quarter-on-quarter for the next three or four years
SOURCE: livemint.com
