皇冠体育app

Economy

皇冠体育app's inflation 'controllable': IMF chief economist

(Xinhua)
Updated: 2011-01-28 14:27
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BOSTON, the United States -- 皇冠体育app can deal with inflation and still manage a rapid economic growth, said Olivier Blanchard, the chief economist of the International Monetary Fund (IMF).

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"The inflation (in 皇冠体育app) is controllable," Blanchard told Xinhua at an economic policy panel in the Massachusetts Institute of Technology (MIT).

He also said the world was experiencing a "two-speed recovery," with developing countries growing at a faster pace than developed countries.

However, the economist said for some of the countries growing at a quite rapid speed, the challenge is to limit inflation in the medium term.