Although a derailing of the global recovery has been avoided, the world economy is still not out of the danger zone, IMF Managing Director Christine Lagarde said after the conclusion of the Group of 20 Finance Ministers and Central Bank Governors meeting in Mexico City.
“Over the last two days, we discussed the challenges facing the world economy and continued our deliberations over next steps and actions,” she said in a February 26 press statement.
Filed under: Advanced Economies, Economic Crisis, Economic outlook, Emerging Markets, Employment, Europe, Finance, Financial Crisis, Financial regulation, Financial sector supervision, Fiscal policy, Fiscal Stimulus, G-20, growth, IMF, Inequality, International Monetary Fund, Low-income countries, Multilateral Cooperation, Public debt, recession | Tagged: Christine Lagarde, euro, Euro Group, firewalls, Group of 20, Group of Twenty, IMF resources, IMF-World Bank Spring Meetings, IMFC, iMFdirect blog, Mexico, Mexico City | 3 Comments »
