in 2011， the growth of world economy was slowing down， andeconomies of the major countries were contracting， somecouritriesfell into sovereign debt crises， the in temationalfinancial market wasvolatile， trade protectionism became rampant，emerging countrieswere faced with mounting inflation pressure， andon the whole， the world economy was at the crossroad. lagarde，executive managing director of the international monetary fund，warned at the forum on international finance held in beijing onnovember 9， 2011， that the global economy would face the risk of"lost decade"， unless countriesaround the world would adopt andimplement the concerted policiesagainst the evolving risks.
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