New reports from the International Monetary Fund paint a picture of steady global recovery. The latest World Economic Outlook projects 4.2% growth, globally, in 2010. That's abig jump from the 0.3% forecast in January. And the Global Financial Stability Report shows "risks to financial stability have subsided.," (though the report is clear that the global marketplace will continue to feel "short term strains").
Both reports point to many potholes in the road to recovery. IMF Director of Research Olivier Blanchard describes the growth as "weak," and "slow," but "healthy." And as he discusses in this short interview, the speed of recovery will be different from country-to-country:
Read more from Blanchard here.
Posted
04-22-2010 8:04 AM
by
Graham Griffith