The world economy is recovering from the recent recession but the recovery is going to be slow, said Jeff Immelt, chief executive of General Electric Co (NYSE:GE).
"Recovery is underway, but it's a long, slow recovery. Slower than we'd like," Immelt told an audience of executives from mid-size businesses in Columbus. "There is just a lot of volatility, because the world has problems and classic institutions have not been able to solve those problems."
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