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IMF: US pull-back from stimulus could trigger reversal in capital flows and hurt developing countries

Thursday, July 11th 2013 - 06:43 UTC
Full article 3 comments

The International Monetary Fund trimmed its global growth forecast for the fifth time since early last year due to a slowdown in emerging economies and the woes in recession-struck Europe. In its mid-year health check of the world economy, IMF also warned global growth could slow further if the pull-back from massive monetary stimulus in the United States triggers reversals in capital flows and crimps growth in developing countries. Read full article

Comments

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  • Conqueror

    This must be good news. Established democratic economies will be able to cope. Little totalitarian no-hopers like argieland should turn into wastelands.

    Jul 11th, 2013 - 10:33 am - Link - Report abuse 0
  • Condorito

    1 Conq
    “Established democratic economies will be able to cope. ”
    This is true.

    However, Argentina will be largely unaffected by this particular issue because they haven't been receiving the large capital flows that other developing countries have benefited from. Although they do have a whole range of other serious problems.

    Jul 11th, 2013 - 01:46 pm - Link - Report abuse 0
  • Ayayay

    We are DONE w the quantitative easing.

    Jul 12th, 2013 - 03:38 am - Link - Report abuse 0

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