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Why economic growth is slowing down everywhere

The International Monetary Fund has got some bad news for us — the slower rate of economic growth could be here to stay. In its latest World Economic Outlook, the IMF says a combination of slower catch-up growth by emerging economies and ageing societies in the developed world are set to hold back global growth despite signs of a recovery setting in. In the aftermath of the financial crisis, potential growth in advanced economies has slowed from an average of over 2% per year to around 1.
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