IMF encourages global response to stimulate economic growth

The World Economic Outlook study by the IMF spotlights weaknesses in the global economyStudy by IMF spotlights weaknesses in global economy

The International Monetary Fund (IMF) has warned that free trade is being increasingly seen as something that benefits the wealthy and warn that help is needed for people whose job prospects have been damaged by globalisation. In a statement from the organisation’s half-yearly World Economic Outlook study, it spotlights weaknesses in the global economy as being largely responsible for the stalling of trade growth over the past few years. It also acknowledged that anti-trade feelings could harden further, given the current climate. Read more…

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