Rato on responding to shifts in financial risk

In the speech 'Responding to shifts in financial risk: the need for leadership' given on 23 March Rodrigo de Rato of the IMF said the global economy is still on track for healthy growth despite the adverse impact on US business prospects of a housing slump and skittishness about risky mortgages.

Rato said the IMF expects worldwide economic growth for all of this year to come in at close to five per cent.

"This would be the strongest five-year span for the global economy since the late 1960s," he

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