Thinktank says the world’s major economies risk a long period of low growth unless governments do moreOne moment the International Monetary Fund is a thinktank, musing on economic problems such as the entrenched slow growth that could face developed nations – as it did on Tuesday in some early releases from its spring forecasts (full publication next week).The next moment its role as lender of last resort takes the spotlight – and in that capacity another crunch moment arrives on Thursday when Greece either pays or reneges on €450m (£330m) it owes the Washington-based organisation. Continue reading...
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