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Thu, Apr 11, 2002 - Page 21 News List

IMF report sets out to debunk recession myths

THE WORLD ECONOMY The synchronized world slowdown characterizing the most recent pullback differs little from previous economic contractions, IMF researchers contend

AFP , WASHINGTON

"Many people have written that the current recession is very different from past recessions, different because of the synchronicity, different because of the drop in business investment, etcetera, etcetera," he said.

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