IMF outlook contains cause for celebration but a horrendous hangover is looming | Greg Jericho
by Greg Jericho from on (#3N2PK)
The risks ahead include higher debt levels and public scepticism about our policymakers' ability to generate growth
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The latest IMF world economic outlook released yesterday contains the usual mix of good news and bad news so beloved of economists. But amid the projections for GDP growth the IMF delivers not only some warnings about the risks ahead, but also a slap to governments around the world who are now seeing the chickens of decades of policy that has driven inequality coming home to roost.
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