20th September 2011
The global economy is in a dangerous new phase according to the International Monetary Fund (IMF). In its World Economic Outlook published September 20, 2011, the IMF states that global activity has weakened and become more uneven, confidence has fallen sharply recently, and downside risks are growing. This slowdown will make it even more unlikely that Ireland’s Bailout Agreement targets will be achieved.
The World Economic Outlook’s main conclusions include: