BEIJING – Head of the International Monetary Fund (IMF) Christine Lagarde warned that the global economy face the risk of a lost decade , with little growth, not even grow. Lagarde asks Asia to keep that possibility.
He asserted, without the courage and the coordination of actions, the world will face uncertainty and financial instability. “Ultimately, we would run the risk of what some commentators have called it a lost decade , “Lagarde said on Wednesday (11/09/2011), on his first visit to Beijing since becoming Managing Director of the IMF in July. Continue reading ‘IMF: Global Economy Face Risks “Lost Decade”’ »