IMF's Rajan: World economy to slow down this year

Raghuram Rajan, chief economist at the International Monetary Fund. said that 2004 was an excellent year for world growth in the last two-three decades but don't expect 2004 to be repeated in 2005.

"The big drivers of growth are the US (3.5-4%), emerging Asia, China, India, Asean countries, new industrialised economies (NIEs), East Europe, Latin Amercia, and Africa. However, Japan and West Europe have slowed down. Japan has undertaken structural reforms and the fruits of this may well show up in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.