double-dip recessions

Fading Thrill of Global Growth

August 25, 2010

Economic prospects can change in a hurry.  Revised growth projections released last month by the International Monetary Fund were quite respectable.  The IMF staff was looking for a second straight year of 4%+ global growth in 2011.  Emerging and developing nations would expand almost 7%, three times faster than the advanced nations.  Within the latter […] More