Managing Director's Global Policy Agenda

April 20, 2013

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Managing Director's Global Policy Agenda, (USA: International Monetary Fund, 0) accessed December 26, 2024

Summary

The global economy has avoided the worst, but it is by no means out of the woods, and prospects may be diverging. A three-speed global recovery is emerging. Sentiment has improved, but growth and jobs are still lagging in many places, some old risks remain and could rekindle tail risks, and new risks are arising. Policymakers must, to varying degrees, continue to nurse the recovery, repair systems damaged by the crisis, strengthen defenses against a recurrence, and anticipate new challenges from stronger expansion. In a world of interconnections, lagging policy momentum in some corners will soon affect all.

Subject: Corporate governance, Developed countries, Economic recovery, Emerging markets, Financial systems, Fund role, Low-income developing countries, Managing Director reports, Technical assistance, Transition economies

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