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Chief economist update: How deep the global recession?
BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... financial crisis of a decade ago, the institution downgraded its 2009 growth forecast from 3.9% (in July 2008 before Lehmann Bros collapse in September of the same year) in succession all the way to a global GDP contraction of 1.4% in July 2009. As late ...
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