The global economy has entered a "timid" recovery but still faces high risks, IMF Chief Christine Lagarde says at a news conference ahead of the Spring Meetings. Collective action is needed on the part of global policymakers to address a range of challenges, Lagarde says.
A World Bank Live online event on April 18 highlighted the power of safety nets—one of the World Bank's key themes at the 2012 Spring Meetings.
Each Spring, thousands of government officials, the private sector, journalists, civil society representatives, and other interested observers gather in Washington DC for the Spring Meetings of the IMF and World Bank. At the heart of the gathering are meetings of the IMF's International Monetary and Financial Committee and the joint World Bank-IMF Development Committee, which discuss progress on the work of the IMF and World Bank. Also featured are seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world's financial markets.