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Posted AT 12:54 PM EDT on 07/07/08

Stagflation shakes economists' outlook

HEATHER SCOFFIELD

Globe and Mail Update

OTTAWA — Stagflation in some of the world's major economies is shaking the outlook for at least two prominent Canadian economists. Sherry Cooper, chief economist at BMO Nesbitt Burns, is wondering aloud whether the way central banks in developed and emerging markets manage stagflation will provoke a global currency crisis.

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