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IMF Misses Epoch-Making Changes in the Global Economy
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IMF Misses Epoch-Making Changes in the Global Economy

Finance ministers, bankers, and businessmen will gather in Washington DC this week for the annual Fall Meetings of the International Monetary Fund and World Bank. As is customary, the IMF is publishing its analysis of the world economy, and this year it has released some research that is sure to cause controversy and provide some fuel for its critics.

The IMF found that foreign investment and technology (but not trade) were associated with an increase in inequality in developing countries.