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IMF: Open up labour markets or face mediocre growth

Eurozone seen as a major area of concern
Saturday, October 4, 2014 - 05:50
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MS LAGARDE: Called on policymakers to invest in infrastructure and reform fiscal policies.

Washington

THE global economy could be stuck on a "new mediocre" growth path with high debt and unemployment unless policymakers open up labour markets, invest in infrastructure and reform fiscal policies, the head of the International Monetary Fund warned.

Speaking on Thursday