ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Not So Rosy, After All

THE International Monetary Fund's latest World Economic Outlook (May 1997) unlike earlier issues is a surprisingly refreshing document. Its fundamental thrust remains the promotion of the virtues of globalisation; it could not have been otherwise. What is noteworthy are the caveats and misgivings that the WEO harbours on the direction in which the world economy is progressing.

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