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Easing to Help? 'Don't Fool Ourselves': IMF Chief Economist
<i> Instead, what needs to be done is fiscal consolidation in advanced countries and external rebalancing — where net exports need to rise in the developed nations while the rest of the world reduce their trade surplus. </i>
- SriniK 16y agoInstead, what needs to be done is fiscal consolidation in advanced countries and external rebalancing — where net exports need to rise in the developed nations while the rest of the world reduce their trade surplus. Totally agree