## Weak Global Economy Tops Agenda at IMF-World Bank Gathering

_IMF Blog, September 19, 2011_

## Source details

**Canonical URL:** [Weak Global Economy Tops Agenda at IMF-World Bank Gathering](https://www.imf.org/en/blogs/articles/2011/09/19/weak-global-economy-tops-imf-meetings-agenda)

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## Bibliographic details
- Authors: iMFdirect
- Published: September 19, 2011

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### Context and timing
- Recent turbulence in financial markets and increased risks in the global economy mean that the 2011 Annual Meetings of the IMF and World Bank are taking place at a critical time for the global economy.
- The IMF’s updated forecast for the world economy will be published September 20.
- About 10,000 policymakers, private sector and civil society representatives, journalists, and academics are expected to attend the Annual Meetings, which are set to take place on September 23–24.

### Key concerns highlighted
- "There is widespread concern that the global economic recovery is losing momentum ... ministers and central bank governors will come to these meetings with that concern uppermost in their minds."
- Focus on assessing the state of the world economy and discussing the policy actions needed to deal with today’s global economic challenges.

### IMF priorities and actions
- The Fund aims to facilitate discussion of the causes of the problems and the solutions.
- Plans to present ideas on how to improve surveillance further, make it more relevant, and make it as interconnected as the world economy.
- Emphasis on collective action: "Policymakers from 187 countries will be coming together ... formulating and taking forward collective actions—actions by the entire membership—to impart momentum to the global economic recovery."

### Participation and formats
- Economic leaders will come together to assess the state of the world economy and discuss policy actions.
- Reza Moghadam, Director of the IMF’s Strategy, Policy, and Review Department, discusses issues likely to receive most attention at the meetings in an interview (full interview and video referenced).

*Source: iMFdirect, September 19, 2011*

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## References

- [2011 Annual Meetings of the IMF and World Bank](http://www.imf.org/external/AM/2011/)
- [Reza Moghadam](http://blogs.imf.org/bloggers/reza-moghadam/)
- [Read the full interview](http://www.imf.org/external/pubs/ft/survey/so/2011/NEW091911A.htm)

_Source: https://www.imf.org/en/blogs/articles/2011/09/19/weak-global-economy-tops-imf-meetings-agenda_