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Vol. XXX

‘Round and ‘Round We Go (Reprinting Vol. XVIII, Art. 35 – 3 years ago today – Mar.21, 2009)

On Thursday, March 19th, the Washington-based International Monetary Fund (IMF) said that the world economy, reeling from financial crisis, was on track to shrink for the first time in 60 years. The institution also sharply lowered growth projections for emerging and developing countries and offered, to a world waiting with ‘bated breath, what was supposed…

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