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Although some emerging economies are doing quite well, "the global economic situation is still very fragile," says Heiner Flassbeck, Director of UNCTAD's Division on Globalization and Development Strategies, in this presentation of the 2010 Trade and Development Report (TDR).

While addressing persisting global imbalances and the critical topic of employment creation, Flassbeck takes a look at the budding economic recovery, and warns that many elements of the financial picture, particularly in developed countries, resemble pre-crisis patterns.

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