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The IMF said the world economy, but to avoid an increased risk of second bottom
editor:admin  |  CopyFrom: Xinhuanet June 18th, 2011   |  UpdateTime:2011-07-08  |  hits:

WASHINGTON, International Monetary Fund (IMF) 17 released an updated version of the first half of 2011, “World Economic Outlook,” the report said global economic expansion has slowed, increased risk, the report is expected today’s global economy growth of 4.3 percent growth rate over this four forecast by 0.1 percentage points lower.

Report, the temporary slowdown in global economic activity, downside risks to increase again. Global expansion remains uneven, and many developed economies, growth remains weak, emerging economies and developing economies, growth remains strong. Report that the current global economy’s major risk is that the extent of U.S. economic activity slowed more than expected, the euro area external financial turmoil caused by the state’s financial challenges, many developed economies, fiscal and financial sector imbalance continues, and some emerging economies and developing economies to enhance economic overheating signs.

International Monetary Fund chief economist Olivier Blanchard said that despite the world economic growth has slowed, but the “double dip” the risk can be avoided.

Report on world economic growth forecast for 2012 remained at the current four to 4.5%, but the U.S. economy’s growth forecast for 2011 and 2012 decreased by 0.3 and 0.2 percentage points to 2.5% and 2.7%.

The IMF said advanced economies should take strong adjustment policies, including reliable and balanced fiscal consolidation and financial sector rehabilitation and reform, emerging economies and developing economies should adopt a more rapid macro-economic policies to achieve a rebalancing of demand and tightening. These policies ensure that the world economy is crucial medium-term growth and job creation.
International Monetary Fund spring meetings and each meeting of the fall of degrees issued twice during the “World Economic Outlook” report, often times in 6 and 1, respectively, to make updates on the two reports.

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