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    Global Economy in 2012 may be worse: IMF Chief 23 December 2011

    In its World Economic Outlook report, the IMF projected that global economy would grow 4 percent in 2012. As the debt crisis in the euro area worsened and decision making in major advanced economies becoming more uncertain, the world economy...

    Keywords: effective collaboration Lagarde, major advanced economies International Monetary Fund Olivier Blanchard international financial institution, fiscal consolidation plan, bold and stronger policies

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