{
  "title": "Managing Director's Global Policy Agenda",
  "publication": "Policy Papers, April 20, 2013",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/managing-director-s-global-policy-agenda-pp4757",
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  "summary": "The global economy has avoided the worst, but it is by no means out of the woods, and prospects may be diverging. A three-speed global recovery is emerging.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- The global economy \"has avoided the worst, but it is by no means out of the woods, and prospects may be diverging.\"\n- \"A three-speed global recovery is emerging.\"\n- \"Sentiment has improved, but growth and jobs are still lagging in many places, some old risks remain and could rekindle tail risks, and new risks are arising.\"\n- Policymakers must, to varying degrees, \"continue to nurse the recovery, repair systems damaged by the crisis, strengthen defenses against a recurrence, and anticipate new challenges from stronger expansion.\"\n- In an interconnected world, \"lagging policy momentum in some corners will soon affect all.\""
    },
    {
      "heading": "Key findings",
      "content": "- Recovery pattern: emergence of a \"three-speed global recovery.\"\n- Labor and growth gaps: growth and jobs remain lagging across many economies despite improved sentiment.\n- Risk landscape: coexistence of lingering old risks that could rekindle tail risks and newly arising risks.\n- Interconnection risk: policy slippage in parts of the world can propagate globally."
    },
    {
      "heading": "Policy priorities and recommendations",
      "content": "- Continue to nurse the recovery where needed.\n- Repair systems damaged by the crisis.\n- Strengthen defenses to reduce the probability of a recurrence.\n- Anticipate and prepare for challenges that may arise as expansion strengthens.\n- Coordinate policy momentum to prevent spillovers from lagging regions to the global economy."
    },
    {
      "heading": "Resources and access",
      "content": "- Policy Papers and related materials are available through the IMF eLibrary.\n- The eLibrary \"offers over 25,000 IMF publications in multiple formats.\"\n- Publication date: April 20, 2013."
    },
    {
      "heading": "Subjects / Focus areas (as listed)",
      "content": "- Corporate governance\n- Developed countries\n- Economic recovery\n- Emerging markets\n- Financial systems\n- Fund role\n- Low-income developing countries\n- Managing Director reports\n- Technical assistance\n- Transition economies\n\nManaging Director's Global Policy Agenda, April 20, 2013\n\n---\n\n Content in this bundle\n\n- Managing Director's Global Policy Agenda; IMF Policy Paper; April 20, 2013\n  - Managing Director's Global Policy Agenda; IMF Policy Paper; April 20, 2013 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Managing Director's Global Policy Agenda; IMF Policy Paper; April 20, 2013 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/managing-director-s-global-policy-agenda-pp4757"
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    "Published: April 20, 2013",
    "Series: Policy Papers",
    "The global economy \"has avoided the worst, but it is by no means out of the woods, and prospects may be diverging.\"",
    "\"A three-speed global recovery is emerging.\"",
    "\"Sentiment has improved, but growth and jobs are still lagging in many places, some old risks remain and could rekindle tail risks, and new risks are arising.\"",
    "Policymakers must, to varying degrees, \"continue to nurse the recovery, repair systems damaged by the crisis, strengthen defenses against a recurrence, and anticipate new challenges from stronger expansion.\"",
    "In an interconnected world, \"lagging policy momentum in some corners will soon affect all.\"",
    "Recovery pattern: emergence of a \"three-speed global recovery.\"",
    "Labor and growth gaps: growth and jobs remain lagging across many economies despite improved sentiment.",
    "Risk landscape: coexistence of lingering old risks that could rekindle tail risks and newly arising risks.",
    "Interconnection risk: policy slippage in parts of the world can propagate globally.",
    "Continue to nurse the recovery where needed.",
    "Repair systems damaged by the crisis.",
    "Strengthen defenses to reduce the probability of a recurrence.",
    "Anticipate and prepare for challenges that may arise as expansion strengthens.",
    "Coordinate policy momentum to prevent spillovers from lagging regions to the global economy.",
    "Policy Papers and related materials are available through the IMF eLibrary.",
    "The eLibrary \"offers over 25,000 IMF publications in multiple formats.\"",
    "Publication date: April 20, 2013.",
    "Corporate governance",
    "Developed countries",
    "Economic recovery",
    "Emerging markets",
    "Financial systems",
    "Fund role",
    "Low-income developing countries",
    "Managing Director reports",
    "Technical assistance",
    "Transition economies",
    "**Managing Director's Global Policy Agenda; IMF Policy Paper; April 20, 2013**"
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