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DOHA, Dec. 1 (Xinhua) -- The United Nations released here Monday a report recommending a massive economic stimulus packages to counter the global economic downturn.
The report, entitled the Global Outlook Report, is part of UN's assessment of the world economic situation in 2009....
In the report, the UN recommends that massive and COHERENT economic stimulus must take place soon to counter the global economic downturn.
According to the report, the U.S. dollar and world per capita income will decline further next year, while export growth and capital inflows will fall and borrowing costs for developing countries will increase....
The world body also recommends stronger regulation of financial institutions, an overhaul of the international reserve system and a more inclusive global economic governance.
