Lesley Wroughton
Reuters
November 11, 2011
The International Monetary Fund on Friday warned that advanced economies could fall back into recession unless policy-makers move with greater urgency to agree on policies to boost growth.
In a note prepared for the G20 summit in Cannes, France, last week but only published on Friday, the IMF said the economic recovery in advanced economies “remains in low gear.”
“Policy paralysis and incoherence have contributed to exacerbating uncertainty, a loss of confidence, and heightened financial market stress,” the IMF said.
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