START A PETITION 25,136,189 members: the world's largest community for good
START A PETITION
x
Apr 22, 2013

Calls continued from multiple fronts for countries to ease harsh austerity programs to boost growth and, at the same time, for the world’s central bankers to be more cautious about feeding more money into the financial system, lest it spark new investment bubbles and an inflation outbreak.

International Monetary Fund Managing Director Christine Lagarde expressed fresh concern over the “three-speed recovery” in the world’s largest economies — stagnating Europe and Japan, the sluggish United States, and quicker-moving emerging economies.

That the three groups of countries are moving at distinctly different speeds “is not the healthiest recovery that we could think of,” she said.

“What we need is a full-speed global economy.”

The IMF meetings opened amid stress and frustration that, as the large economies still have not fully returned to growth after the 2008 financial crisis, small economies remained vulnerable to the continued turbulence.

Finger-pointing about excessive austerity and lack of support for demand, unmanageable capital flows stoked by central banks pumping out money, competitive devaluations, excessive sovereign debt and papered-over banking weaknesses were all in the open ahead of the meetings.

More than four years after the financial crisis battered the globe, “we’re still in the process of getting out of the crisis,” complained Luis Videgaray Caso, Mexico’s finance minister and chairman of the G24 group of emerging and developing countries.

The G24 especially voiced concern about “the negative spillover effects on the emerging and developing countries of prolonged unconventional monetary policies.”

http://the-avanti-group.bravesites.com/entries/general/the-avanti-group---weak-global-economy-key-worry-as-imf-world-bank-meet 

Visibility: Everyone
Posted: Monday April 22, 2013, 10:35 pm
Tags: world group bank the meet key economy global weak review articles worry IMF avanti [add/edit tags]

Group Discussions
Comments
Or, log in with your
Facebook account:

Carla Basa (0)
Sunday April 21, 2013, 10:47 pm
The economy of nation is always under adjustment constantly for pursuing the best balanced growth. If the economy is good, country is in better state.

Author

Carla Basa
female ,
USA
CARLA'S SHARES
Aug
30
(1 comments  |  discussions )
\nTOKYO In a shabby back-alley office in Shibuya, a Tokyo district known for youth culture and tech ventures, defectors from corporate Japan are hard at work for a little known company they fervently believe will be the country’s next big manufac...
Aug
14
(1 comments  |  discussions )
Pupils at St Mary’s School in Fairford Leys were asked by Connells to draw their dream home.All the entries have been put in the estate agent’s window where homes would normally be displayed and three winners were picked.Prizes of colourin...
Jul
30
(1 comments  |  discussions )
\n\r\nHowever it has suffered from teething problems as the Government struggles to organise finance, IT and issues around moving house and even clearing people’s attics. Frustrated building companies expressed disappointment that the legal contrac...
Jul
27
(1 comments  |  discussions )
\n\r\n\"This new methods of  money laundering  (us ing digital currency) include open accounts with low cost and less known betalninginkörsporta r, purchase digital currencies, buying stolen  data&nb sp;, set up online stor...


SHARES FROM CARLA'S NETWORK
No shares


MORE MEMBER BLOGS
Mar 31
Blog: How to Extend the Life of your TRIAD Boilers by Kayleigh L.
(0 comments  |  discussions ) — \\nHow to Extend the Life of your TRIAD Boilers \\r\\n \\r\\nCorlis Engine Review\\r\\nEvery user desires to prolong the life of a unit. TRIAD assists their clients in achieving this important objective by informing them of ways they can avoid problems... more
Feb 27
Blog: Dr Oz Weight Loss - The 100% Natural And Very Efficient Diet Pill by Debra S.
(0 comments  |  discussions ) — \\nYes, Dr. Oz called Garcinia Cambogia Extract (HCA) the Holy Grail of Weight Loss. He went on to say, “Anytime I see a scientist get this excited about something like Garcinia Cambogia Extract and when I looked through some of this research and... more
Blog: My Favorite Websites by krysta I.
(0 comments  |  discussions ) — \\nIFAW: www.ifaw.org\\r\\nOCEANA www.oceana.org\\r\\nPETA: www.peta.org\\r\\nEARTH 911: www.earth911.org\\r\\nANI MALs ASIA: www.animalsasia.org\\r\\n \\r\\n\\r\\n\\n more
Feb 21
Blog: testing one two three by Geoff M.
(0 comments  |  discussions ) — hello world more
Blog: Garcinia Cambogia Reviews From Actual People Garcinia Pure Extract Is A Huge Success February 20 by Dany M.
(0 comments  |  0 discussions ) — \\nGarcinia Cambogia Reviews From Actual People Garcinia Pure Extract Is A Huge Success February 20\\r\\nGarcinia Cambogia System The Dr. Oz Lose Weight Quick Process Without Having Side Effects\\r\\nHe went on to say, “At any time I see a researcher... more
 
Content and comments expressed here are the opinions of Care2 users and not necessarily that of Care2.com or its affiliates.