Emerging economies facing headwinds from weaker capital flows, currency dips: Gita Gopinath
IMF Chief Economist Gita Gopinath on Monday flagged weakening global growth at a rate higher than expected and said emerging economies are also facing risks triggered by capital flows due to US actions and currency depreciations.
While global growth in 2018 remained close to post-crisis highs, the global expansion is weakening and at a rate that is somewhat faster than expected, Gita Gopinath said. Image source: Reuters