Statement, 10 April 2014
Statement to the Ministerial Meeting of the Group of 24, Washington DC
Weak and uncertain global economic conditions
Before the world economy has been able to fully recover from the crisis that began more than five years ago, there is a widespread fear that we may be poised for yet another crisis, this time in emerging economies. Once again, most specialists on international economic matters have been caught unawares. In fact, the signs of external financial fragility in several emerging economies have been visible since the beginning of the financial crisis in the US and Europe.
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This article was tagged: Balance of Payments (BOP), Bretton Woods Institutions (BWIs), Capital Flows, Debt Sustainability, Financial Crisis, Group of Twenty-Four (G-24), International Monetary Fund (IMF), Reform of the International Financial System