A world economy on the brink could use some win-win cooperation

Quick Summary:

With a global financial crisis looming, governments are left with few options beyond bracing for what’s to come and working together.

Alex Isakov and Adriana Dupita at Bloomberg Economics note the IMF’s tendency to understate the immediate impact on global growth in its initial assessment during times of crisis.“However much the IMF may downgrade the growth forecasts to start, history suggests the ultimate blow will be worse,” they said.

By no means does everyone believe this assertion.

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Article Details

Author / Journalist: Anthony Rowley

Category: Business

Markets: Hong Kong

Topics: Believe Markets Might Officials Report Adrian Global World Risks Economic Financial

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-26 @ 16:30:08 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 277 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28214443

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