LIMA (Reuters) Central banks have little room for error in a low-growth world in which over-leveraged and commodity-dependent emerging economies and a slowing China are major risks, top international financiers told the International Monetary Funds meeting.Despite $7 trillion in quantitative easing from banks in industrial nations since the global financial crisis, the world is stuck in a new mediocre growth pattern, IMF chief Christine Lagarde said on Thursday.In a bid to shore up finances and punish companies that arbitrage tax regimes, governments pushed ahead with plans to improve tax collection.The IMF meeting comes as the Bank of Japan looks poised …read more
Source: Dunya TV
