World NewsworldIMF

Min Zhu, IMF Deputy Managing Director, Says Emerging Markets Are Stalling

IMF's Min Zhu: Emerging Markets Are Stalling
Open Image Modal
By 

Managing Editor, The WorldPost

Open Image Modal
Min Zhu, Deputy Managing Director of the International Monetary Fund (IMF) discusses frontier economies during a seminar discussion on emerging markets at IMF Headquarters during the annual World Bank - International Monetary Fund (IMF) meetings in Washington, DC, October 9, 2013. AFP PHOTO / Saul LOEB (Photo credit should read SAUL LOEB/AFP/Getty Images)

Min Zhu is the Deputy Managing Director of the IMF.

We had a big debate on emerging markets’ growth prospects at our Annual Meetings in October 2013. We lowered our 2013 growth forecast for emerging markets and developing economies by a whopping 0.5 percentage points compared to our earlier forecast. Some argued that we were too pessimistic. Others said that we should have stuck with the lower-growth scenario we had devised at the onset of the global financial crisis.

Read more on

Our 2024 Coverage Needs You

As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.

Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.

to keep our news free for all.

Support HuffPost
Suggest a correction
|
Submit a tip