11 October, 2019
3 Min Read
GS-III: Going down together.
The world must heed the IMF warning that everyone loses in a trade war. The IMF has some words of advice for global leaders on how to resuscitate the faltering global economy.
Going down together:
From an Indian point of view what is worth nothing is the IMF chief’s emphasis on the need for structural reforms to boost growth particularly in the emerging market economies. The government at the centre which came to power on the promise of delivering big-bang structural economic reforms will do well to heed such advice.
Source: THE HINDU
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