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Heavy debt raises interest-rate risk for emerging economies

Monetary tightening may raise prospect of funding shocks, OECD warns

Global economic growth is expected to remain robust, but emerging economies are becoming more vulnerable to financial risks, the OECD warns in its latest outlook.   © Reuters

TOKYO -- Years of accommodative monetary policy may have kept the world economy growing, but it has also increased risk, an intergovernmental think tank warned in its most recent economic outlook on Tuesday.

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