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IMF warns of economic impact of Ukraine, other crises

Posted on 03 April 2014

International Monetary Fund Managing Director Christine Lagarde warned today that the political crisis around Ukraine poses a danger to the broader world economy. In a speech in Washington, Lagarde said global growth five years after the Great Recession “remains too slow and weak” and faces multiple threats.
For one, low inflation, especially in Europe and Japan, are dangers for demand and output and consequently jobs, Lagarde said at the Johns Hopkins University School of Advanced International Studies. A second key threat is high corporate leverage in emerging economies, which if not adequately addressed will be worsened by the turmoil from eventual monetary tightening in advanced economies, especially the United States…………………………………Full Article: Source


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