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Simon Johnson: Can the I.M.F. Save The World?

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The finance ministers and central bank governors of the world gather this weekend in Washington for the annual meeting of countries that are shareholders in the International Monetary Fund. As financial turmoil continues unabated around the world and with the I.M.F.’s newly lowered growth forecasts to concentrate the mind, perhaps this is a good time for the fund – or someone – to save the world.

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