Latest update: 18/08/2009
- Economic crisis - global trade - IMF
Global recovery has begun, says IMF's chief economist
The International Monetary Fund's chief economist, Olivier Blanchard, said that the global recovery from recession has begun but countries will need to rebalance their economies to make sure it is sustainable.
Reuters - The global economic recovery has begun but sustaining it will require refocusing the United States toward exports and Asia toward imports, the International Monetary Fund's chief economist said.