The IMF’s diagnosis was that of a “synchronized slowdown” across the globe with the Fund revising its growth projection for global economic growth downwards and putting the 2019 growth estimate at the lowest level since the 2008-2009 financial crisis
...
... Economy. World Bank, Washington, D.C. May 2011, p. 38.
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. Legacies, Clouds, Uncertainties. World Economic Outlook. IMF: Washington, D.C. October 2014.
3
. Ministry of Foreign Affairs: The Need to Create a BRICS Banks was Prompted by the U.S. Delaying IMF Reforms // ITAR-TASS, August 28, 2014. URL:
http://tass.ru/politika/1405314
(in Russian).
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. BRICS Countries Agree to Appoint New Development Bank Head before Summit in Russia // RIA Novosti, November 15, 2014. URL:
http://ria.ru/economy/20141115/1033424874.html
(in Russian).
5
. Lavrov: Russia Will Look For Ways to Ratify BRICS ...