The Managing Director's Global Policy Agenda, Spring Meetings 2023: Safeguard Economic Stability, Support Vulnerable Countries, Sustain Our Future Prosperity
Policy Papers, April 13, 2023
Source details
- Canonical URL
- The Managing Director's Global Policy Agenda, Spring Meetings 2023: Safeguard Economic Stability, Support Vulnerable Countries, Sustain Our Future Prosperity
Other formats
Bibliographic details
- Published: April 13, 2023
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798400236600.007
Overview
- The global economy is at another highly uncertain moment: tentative signs of stabilization earlier this year have receded, and the outlook is increasingly risky and uncertain.
- Divisions within and across countries are deepening, exacerbated by rising fragmentation.
- Strong policy action is needed together with pragmatic approaches to find areas of common ground to respond to shared challenges.
- The IMF is proactively engaging with our members to chart a clear course to a stronger and more sustainable path for the global economy.
Major findings and analysis
- Recent tentative signs of stabilization have reversed; the global outlook is more risky and uncertain.
- Political and economic divisions are increasing both within countries and across countries.
- Rising fragmentation is identified as an exacerbating factor for global economic challenges.
- Collective, pragmatic policy responses and areas of common ground are emphasized as necessary to address shared challenges and safeguard economic stability.
Policy priorities and recommendations
- Implement strong policy action to address heightened risks and uncertainty in the global economy.
- Pursue pragmatic approaches to identify and build on areas of common ground among countries.
- Increase IMF engagement with member countries to coordinate policies aimed at a stronger and more sustainable global economic path.
- Support vulnerable countries as a core element of the agenda to sustain future prosperity.
Subjects and keywords
- Subjects: Climate change, Environment, Financial regulation and supervision, Financial sector policy and analysis, Financial sector stability, Inflation, Monetary policy, Political economy, Prices
- Keywords: Climate change, Financial sector stability, future prosperity, Global, Inflation, Policy agenda, spring meetings 2023, support vulnerable country, vulnerable country
International Monetary Fund. "The Managing Director's Global Policy Agenda, Spring Meetings 2023: Safeguard Economic Stability, Support Vulnerable Countries, Sustain Our Future Prosperity", Policy Papers 2023, 014 (2023).
Content in this bundle
- Policy Paper