{
  "title": "Tharman Sees \"Greater Global Policy Resolve\"",
  "publication": "IMF Blog, October 14, 2012",
  "sourceUrl": "https://www.imf.org/en/blogs/articles/2012/10/14/tharman-sees-greater-global-policy-resolve",
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  "summary": "\"Although the economic environment has weakened, the policy resolve has strengthened.\" — Tharman Shanmugaratnam, Singapore's Deputy Prime Minister and Minister for Finance, and Chair of the IMF's policy-setting committee.",
  "sections": [
    {
      "heading": "Main assessment",
      "content": "- \"Although the economic environment has weakened, the policy resolve has strengthened.\" — Tharman Shanmugaratnam, Singapore's Deputy Prime Minister and Minister for Finance, and Chair of the IMF's policy-setting committee.\n- \"Growth is slower than anyone expected.\" — Tharman on global growth trends.\n- Specific regional observations:\n  - \"It is slower in Europe.\"\n  - \"It is not as fast as it should be in the United States, not as fast as it should be to bring unemployment down.\"\n  - \"It is slowing in Asia to a greater extent than was expected.\"\n- Tharman is chair of the 24-member IMFC."
    },
    {
      "heading": "Assessment of policy progress and remaining challenges",
      "content": "- Comparative judgment: \"But we are now in a much better situation than six months ago when it comes to policy solutions.\"\n- Europe: \"There had been major steps forward in Europe 'despite some disagreement on individual pieces.'\"\n- Enduring problems: \"Underlying problems in the Eurozone, budget problems in the United States, and structural problems in global economy are longer term problems and 'cannot be fixed quickly.'\"\n\n---\n\n\n References\n\n- annual meetings\n- unemployment\n- IMFC\n- head of the IMF's European Department\n- implement\n- uncertainty\n- roadmap\n- blog\n- slows\n- financial sector\n- public finances\n- Africa\n- Asia\n- Latin America\n\nSource: https://www.imf.org/en/blogs/articles/2012/10/14/tharman-sees-greater-global-policy-resolve"
    }
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    "Authors: The Editors",
    "Published: October 14, 2012",
    "\"Although the economic environment has weakened, the policy resolve has strengthened.\" — Tharman Shanmugaratnam, Singapore's Deputy Prime Minister and Minister for Finance, and Chair of the IMF's policy-setting committee.",
    "\"Growth is slower than anyone expected.\" — Tharman on global growth trends.",
    "Specific regional observations:",
    "Tharman is chair of the 24-member IMFC.",
    "Comparative judgment: \"But we are now in a much better situation than six months ago when it comes to policy solutions.\"",
    "Europe: \"There had been major steps forward in Europe 'despite some disagreement on individual pieces.'\"",
    "Enduring problems: \"Underlying problems in the Eurozone, budget problems in the United States, and structural problems in global economy are longer term problems and 'cannot be fixed quickly.'\"",
    "[annual meetings](http://www.imf.org/external/am/2012/index.htm)",
    "[unemployment](http://blogs.imf.org/2012/10/03/restoring-jobs-by-restoring-growth/)",
    "[IMFC](http://www.imf.org/external/np/exr/facts/groups.htm)",
    "[head of the IMF's European Department](http://www.imf.org/external/pubs/ft/survey/so/2012/CAR101412A.htm)",
    "[implement](http://www.imf.org/external/pubs/ft/survey/so/2012/POL101312A.htm)",
    "[uncertainty](http://www.imf.org/external/pubs/ft/survey/so/2012/SurveyartH.htm)",
    "[roadmap](http://www.imf.org/external/pubs/ft/survey/so/2012/NEW101212A.htm)",
    "[blog](http://blogs.imf.org/2012/10/10/sendai-a-tale-of-natural-disaster-resilience-and-recovery/)",
    "[slows](http://www.imf.org/external/pubs/ft/survey/so/2012/RES100812A.htm)",
    "[financial sector](http://www.imf.org/external/pubs/ft/survey/so/2012/POL100412A.htm)",
    "[public finances](http://www.imf.org/external/pubs/ft/survey/so/2012/POL100812A.htm)",
    "[Africa](http://www.imf.org/external/pubs/ft/survey/so/2012/CAR101212B.htm)",
    "[Asia](http://www.imf.org/external/pubs/ft/survey/so/2012/CAR101212A.htm)",
    "[Latin America](http://www.imf.org/external/pubs/ft/survey/so/2012/CAR101212C.htm)"
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