Chief Economist, International Monetary Fund ( IMF) , Olivier Blanchard (Olivier Blanchard) believes that the way the world economy out of recession had begun. about It is reported by AFP. It is planned that Blanchard article on this subject will be published August 19 on the IMF website .
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However , Blanchard believes that the economic recovery of the world will challenge and will take time. Impact on the economy will have an impact for years to come , writes Lenta.ru In early August, to withdraw from the Japanese government declared a recession , Germany, France and Hong Kong. In all these countries, GDP grew in the second quarter , which allowed Economists talk about the end of the recession. Earlier in the IMF predicted that the gradual global economic recovery will not earlier than 2010. In May of this year Nobel Prize winning economist Paul Krugman said that the rapid global economic recovery is highly unlikely at the bottom of the global financial crisis may have passed.
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