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Some officials chose to focus on the brightening global economy instead of the risks posed by the French election, new U.S. trade barriers and Britain's decision to leave the European Union, said James Boughton, a former IMF official.

"There's an awful lot of forced optimism about what these people are saying," said Boughton, who is now with the Centre for International Governance Innovation, a Canadian think-tank. "Until the train goes off the tracks, everything looks fine."

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