The global economy is on a real upswing, according to the International Monetary Fund, which has increased this year's growth forecast to 3.6% and next year's to 3.7%.
The upward revision reflects stronger growth in Europe, the United States and Japan and a partial recovery by some major energy exporters, like Russia and Brazil.
Next year the IMF is expecting emerging markets to improve further, according to Director of Research Maurice Obstfeld...
IN: The picture is very...
OUT: ...emerging Asia.
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But the IMF is concerned the global income inequality trends need to be addressed, through targetted investments in training and infrastructure...
IN: This breadth...
OUT: ...forever.
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