EMERGING POWER SHIFTS IN CRISIS-HIT WORLD ECONOMY
RISKS UNABATED FOR FINANCIAL STABILITY AND GROWTH
2010-05-01 10:43
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The world may be formally out of the Great Recession, as a result of unprecedented levels of globally co-ordinated monetary and fiscal actions of leading economies, but it is not out of the woods yet. Recovery in advanced economies in 2010 is too slow for comfort with little hope for the unemployed millions or for a rise in household incomes to boost consumption and growth.