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Global Economy Stabilization and Recovery - Article Example

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The writer of the following article "Global Economy Stabilization and Recovery" seeks to summarize the current state of the global economy. Particularly, the article will discuss the stabilization of economic crisis at the international level as well as highlight existing threats to it…
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Global Economy Stabilization and Recovery
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The alleged stabilization of the global economy by IMF has been achieved through efforts from both the U.S and Europe. The stabilization became apparent through economic indicators in the U.S that seemed more positive or optimistic while, on the side of Europe, the measures that had currently been undertaken in Greece demonstrated perceptible recovery. Learning and Benefits In view of the news article, I have managed to understand that the global economy has had numerous problems in the recent past. However, the economic crisis at the international level has stabilized after prolonged periods of backdrop since the problem invades the global economic system. According to the news, the world has the grounds to be optimistic although there is no guarantee regarding financial security. This is because other principal economic and financial threats still challenge the current state of the global economy. According to IMF chief, certain risks still exist in a global economy with the leading being massive debts that emanate from the public and private domain. In addition, augmenting oil prices offer substantial risk to the growth of the global economy in diverse ways. The only way to tackle the threats is by addressing the matters that pose the greatest risks.  Read More
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