Economies must work to avoid decade of low growth, IMF boss warns

Christine Lagarde has grown frustrated at pace of policies to spur growth and now warns of a 'low-low-high-high' scenario

The boss of the International Monetary Fund has made an impassioned plea for governments to make the next decade one of sustainable and inclusive growth that cuts national debt burdens and tackles high unemployment.

Christine Lagarde warned that developed and emerging economies still suffering the after-effects of the 2008 crash must collaborate better to avoid an era of low growth.