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IMF Reports Debt and Human Crises Drive Uneven Growth


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IMF Reports Debt and Human Crises Drive Uneven Growth

Jubilee USA

WASHINGTON - The International Monetary Fund (IMF) released its Global Financial Stability Report, noting "increased financial stability risks" in the global economy. The report notes that large-scale economic shocks are particularly concerning to global stability. It argues that such risks are greatest for countries with high debt levels and that emerging market countries must be prepared for external shocks. Particular concern is raised on the consequences of currency volatility, the shadow financial system and high corporate debt.

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