{
  "title": "A Window of Opportunity Remains Open: The Managing Director’s Global Policy Agenda Update",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2018/04/18/md-spring-meetings-global-policy-agenda-041918",
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  "summary": "The momentum behind the cyclical global expansion remains strong. But escalating trade conflicts and financial market volatility highlight downside risks beyond the next several quarters.",
  "sections": [
    {
      "heading": "Global outlook",
      "content": "- \"The momentum behind the cyclical global expansion remains strong.\"\n- Growth assessment framed as short-to-medium term: risks may materialize \"beyond the next several quarters.\""
    },
    {
      "heading": "Downside risks",
      "content": "- Escalating trade conflicts.\n- Financial market volatility."
    },
    {
      "heading": "Policy priorities to sustain the upswing",
      "content": "- \"Enhance financial sector resilience.\"\n- \"Start rebuilding policy space.\"\n- \"Implement structural reforms–including on corruption and governance.\"\n- \"Promote an open and rulesbasedmultilateral trade system that works for all.\"\n- \"Durably reduce excess global imbalances.\"\n- Adopt \"a cooperative approach to regulation\" to realize \"the benefits of financial technology, while addressing risks to stability and integrity.\""
    },
    {
      "heading": "IMF work program and reviews",
      "content": "- The Fund is \"embarking on major policy reviews, including on surveillance, the Financial Sector Assessment Program, program conditionality, concessional lending tools, debt sustainability analysis, and capacity development.\"\n- The Fund has \"launched a comprehensive work program on the opportunities and challenges from digitalization.\""
    },
    {
      "heading": "Additional note",
      "content": "- The IMF eLibrary offers \"over 25,000 IMF publications in multiple formats.\"\n\nA Window of Opportunity Remains Open: The Managing Director’s Global Policy Agenda Update — April 19, 2018\n\n---\n\n Content in this bundle\n\n- THE MANAGING DIRECTOR’S Spring 2018 UPDATE: The Window of Opportunity Remains Open\n  - THE MANAGING DIRECTOR’S Spring 2018 UPDATE: The Window of Opportunity Remains Open (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - THE MANAGING DIRECTOR’S Spring 2018 UPDATE: The Window of Opportunity Remains Open (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2018/04/18/md-spring-meetings-global-policy-agenda-041918"
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    "Published: April 19, 2018",
    "\"The momentum behind the cyclical global expansion remains strong.\"",
    "Growth assessment framed as short-to-medium term: risks may materialize \"beyond the next several quarters.\"",
    "Escalating trade conflicts.",
    "Financial market volatility.",
    "\"Enhance financial sector resilience.\"",
    "\"Start rebuilding policy space.\"",
    "\"Implement structural reforms–including on corruption and governance.\"",
    "\"Promote an open and rulesbasedmultilateral trade system that works for all.\"",
    "\"Durably reduce excess global imbalances.\"",
    "Adopt \"a cooperative approach to regulation\" to realize \"the benefits of financial technology, while addressing risks to stability and integrity.\"",
    "The Fund is \"embarking on major policy reviews, including on surveillance, the Financial Sector Assessment Program, program conditionality, concessional lending tools, debt sustainability analysis, and capacity development.\"",
    "The Fund has \"launched a comprehensive work program on the opportunities and challenges from digitalization.\"",
    "The IMF eLibrary offers \"over 25,000 IMF publications in multiple formats.\"",
    "**THE MANAGING DIRECTOR’S Spring 2018 UPDATE: The Window of Opportunity Remains Open**"
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