A Window of Opportunity Remains Open: The Managing Director’s Global Policy Agenda Update

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A Window of Opportunity Remains Open: The Managing Director’s Global Policy Agenda Update

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• Published: April 19, 2018

Global outlook

• "The momentum behind the cyclical global expansion remains strong."
• Growth assessment framed as short-to-medium term: risks may materialize "beyond the next several quarters."

Downside risks

• Escalating trade conflicts.
• Financial market volatility.

Policy priorities to sustain the upswing

• "Enhance financial sector resilience."
• "Start rebuilding policy space."
• "Implement structural reforms–including on corruption and governance."
• "Promote an open and rulesbasedmultilateral trade system that works for all."
• "Durably reduce excess global imbalances."
• Adopt "a cooperative approach to regulation" to realize "the benefits of financial technology, while addressing risks to stability and integrity."

IMF work program and reviews

• The Fund is "embarking on major policy reviews, including on surveillance, the Financial Sector Assessment Program, program conditionality, concessional lending tools, debt sustainability analysis, and capacity development."
• The Fund has "launched a comprehensive work program on the opportunities and challenges from digitalization."

Additional note

• The IMF eLibrary offers "over 25,000 IMF publications in multiple formats."

A Window of Opportunity Remains Open: The Managing Director’s Global Policy Agenda Update — April 19, 2018

Content in this bundle

• THE MANAGING DIRECTOR’S Spring 2018 UPDATE: The Window of Opportunity Remains Open
  • THE MANAGING DIRECTOR’S Spring 2018 UPDATE: The Window of Opportunity Remains Open (Markdown version)
  • THE MANAGING DIRECTOR’S Spring 2018 UPDATE: The Window of Opportunity Remains Open (PDF)