Apr
12
International Monetary Fund Forecasts Slow Growth in Developing Nations
ByWASHINGTON — The International Monetary Fund warned on Tuesday about persistently slow growth in developing economies, highlighting a growing concern that these countries will not soon regain the high rates of growth that distinguished them in the past.
Although emerging economies, headlined by China, Brazil, India and Turkey, account for a significant share of the global economy, their pace of growth remains sluggish – a good 2 percent below the average of the last decade…
International Monetary Fund Forecasts Slow Growth in Developing Nations