“IMF Sees Subdued Global Growth, Warns Economic Stagnation Could Fuel Protectionist Calls. October 4, 2016.
- Global growth subpar at 3.1 percent in 2016, with slight increase to 3.4 percent next year
- Persistent stagnation in advanced economies could further fuel anti-trade sentiment, stifling growth
- Countries need to rely on all policy levers—monetary, fiscal and structural—to lift growth prospects
Global economic growth will remain subdued this year following a slowdown in the United States and Britain’s vote to leave the European Union, the IMF said in its October 2016 World Economic Outlook.”
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