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- International Monetary Fund: capital outflows from emerging economies contribute to the slowdown in those economies
International Monetary Fund: capital outflows from emerging economies contribute to the slowdown in those economies
The International Monetary Fund (IMF) said on Wednesday that capital outflows from emerging economies contributed to the slowdown in those economies.
"Both weaker inflows and stronger outflows have contributed to the slowdown. Much of the decline in inflows can be explained by the narrowing differential in growth prospects between emerging market and advanced economies," the IMF said in its World Economic Outlook (WEO).
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