Economic growth is slowing in China, Brazil and other major developing nations that had been the star performers of the global system — even as the United States, Europe and other developed economies continue to sag. The exports of developing countries, for example, are expanding at a declining pace. The International Monetary Fund recently cut its forecasts for global trade, trimming a full percentage point from the expansion in exports that had been expected for developing countries. Read related article.

International Monetary Fund | The Washington Post July 16, 2012
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