BBC: GDP growth in 2011 to be slower than thought, says IMF

The global economy will grow slightly more slowly than previously expected next year, the International Monetary Fund (IMF) has said.

It predicted GDP would increase by 4.2% in 2011, down from an earlier forecast of 4.3%.

And while economic recovery was likely to continue, it warned that risks were high.

There are worries that as governments try to reduce their debt burdens and cut spending, growth may suffer.

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Posted in * Culture-Watch, * Economics, Politics, Corporations/Corporate Life, Economy, Globalization, Politics in General, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--