The turbulence in the global economy
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The turbulence in the global economy
In its latest economic outlook, the IMF sees only the storms in the Western skies rather than the calm in the East COMMENT | VIJAY PRASHAD | On 22 April 2025, the International Monetary Fund (IMF) released its annual World Economic Outlook report, which has a quiet but decisive subtitle: A Critical Juncture and Policy Shifts. The report, once more a hefty piece of work by the IMF economists and their associates, rushes to make sense of the tarif…
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