Risk of recession higher in US, Eurozone: IMF
In an exclusive interview with NDTV, Olivier Blanchard, chief economist at IMF, says global growth is expected to be 4 per cent in 2011 with emerging economies growing at 6 per cent. He adds that the risk of US and the eurozone risk being plunged back into recession are higher, but there is no case for growth plummeting to zero.
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