IMF Warns of Possible ‘Spiral’ of Waning Growth, Escalating DebtBy
Global debt rising as emerging markets struggle, IMF says
Spending cuts could set off cycle, fund's fiscal chief says
Global policy makers need to guard against a self-reinforcing “spiral” of weakening growth and rising debt that could require a coordinated response by the world’s major economies, according to the IMF’s top fiscal watchdog.
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