The IMF Says The World's In A Mess - But Not Africa

The IMF’s latest World Economic Outlook makes sobering reading for most of the world. Headlines have focused on the IMF’s warning that the world economy may never return to the pace of expansion it enjoyed before the global financial crisis; in the meantime, it has cut its global growth forecasts for 2014 to 3.3% and for 2015 to 3.8%, both of them downgrades from previous expectations.
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