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BNY Mellon chief economist Richard B. Hoey acknowledges that perils loom – from the US “fiscal cliff” to the euro’s lingering woes – but his prognosis is that the world’s economies will grow in 2013, though slowly. getAbstract recommends this lucid, expert economic snapshot.
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About the Author
Richard B. Hoey is the chief economist for BNY Mellon. His periodic analyses of the world economy include this “Economic Update” from August 9, 2012.
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