IMF’s Gita Gopinath speaks at Stanford on Geopolitics: Impact on Global Trade and the Dollar.
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The high-level panel discussion will be the fourteenth session of the IMF Fiscal Forum. The discussion will cover cross-country experiences and challenges in designing and implementing rule-based fiscal frameworks. At this juncture, large fiscal deficits and the surge in public debt seen in many parts of the world pose fiscal risks. These are compounded by the growing budgetary pressures from climate, aging, and meeting sustainable development goals. How can countries leverage fiscal rules and frameworks, balancing the need for flexibility in stabilizing the economy in a shock-prone world with the need to preserve the credibility of fiscal policy? How should countries accommodate growing budgetary demands within credible frameworks? The panel will bring in senior policymakers to discuss the fiscal rules in light of their recent experiences and examine the practical challenges countries face.
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As the 2024 Spring Meetings wrap up, we take a reflective glance at the week's pivotal moments and accomplishments.
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