Why so gloomy on the global economy? - The Banker


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Why so gloomy on the global economy?

Published: 
04 October, 2004

Stanley Fischer, vice-chairman of Citigroup, considers world growth prospects and finds the outlook – though not perfect – at least positive.

It is fashionable for people speaking about the global economy to be worried. I am concerned – but the truth is that the current global situation isreasonably good.

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