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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