Bridging Differences through Multilateral Cooperation: The Managing Director's Global Policy Agenda

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The global economy has experienced a synchronized slowdown, and growth remains weak.
Escalating trade disputes, entrenched policy uncertainty, and adverse geopolitical developments have taken a toll on confidence, investment, and growth.
The outlook remains precarious, and downside risks, stemming primarily from a further broadening of trade tensions and rising financial vulnerabilities, cloud the horizon.
There is a growing risk that trade disputes could spill over to monetary, exchange rate, or financial sector policies, threatening global financial stability and jeopardizing hard-won economic gains.

Reverse tariff increases.
Find lasting solutions to trade disputes, including by removing domestic distortions and strengthening the multilateral trading system.
Continue to aim domestic policies for more resilient, adaptable, and inclusive economies.
Work together guided by the principles of “Joint Responsibility, Shared Rewards” called for in the Spring 2019 Global Policy Agenda to bridge differences and secure lasting growth for the benefit of all people.

Help countries design better policies and pursue opportunities for sustainable growth and development.
Modernize the Fund’s toolkit and operations to meet members’ evolving needs.
Deliver on the Fund’s mandate and work with other institutions to demonstrate the effectiveness of a multilateral approach to global challenges.

Bridging Differences through Multilateral Cooperation: The Managing Director's Global Policy Agenda — October 17, 2019