Oct. 7 (Bloomberg) -- Olivier Blanchard, the International Monetary Fund's chief economist, talks about the outlook for the global economy and the possibility of currency wars between major countries. High unemployment, public debt and fragile banking systems pose risks to global prosperity, the IMF said, urging policy makers to take bolder steps to assure a sustained recovery. Blanchard speaks from Washington with Susan Li on Bloomberg Television's "First Up." (This is an excerpt of the full interview. Source: Bloomberg)
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