{
  "title": "Joint Responsibility Shared Rewards: The Managing Director’s Global Policy Agenda",
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  "summary": "International cooperation, economic and financial integration, and technological progress have delivered enormous benefits across the globe during the past decades.",
  "sections": [
    {
      "heading": "Context and principal findings",
      "content": "- International cooperation, economic and financial integration, and technological progress have delivered enormous benefits across the globe during the past decades.\n- In many countries, these benefits have not been shared adequately, contributing to eroding trust in institutions and weakening support for the global system that enabled those gains.\n- Rising disengagement coincides with major global challenges: rapid technological advancements, uncertainty about the future of work, demographic shifts, environmental degradation, and climate change.\n- These challenges require a \"new multilateralism\" that instills confidence that the costs and rewards of lasting solutions will be shared by all."
    },
    {
      "heading": "Framework of the new multilateralism",
      "content": "- The concept hinges on three complementary and reinforcing areas of policy action:\n  - Domestic policies to build more resilient economies and promote economic opportunities.\n  - Upgraded global cooperation to provide a more level playing field across borders.\n  - A commitment to work together on broader global challenges."
    },
    {
      "heading": "Policy implications and recommended focus areas",
      "content": "- Policymakers should re-orient domestic and international policies to better manage the economic and social consequences of international integration and technological advancements.\n- Policy design should be mindful of the global footprint of national actions.\n- Strengthening multilateral cooperation is necessary to address cross-border spillovers and ensure shared responsibility for common global problems."
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      "content": "- The IMF eLibrary offers over 25,000 IMF publications in multiple formats.\n- The publication is available in multiple languages: русский, français, español, 中文, العربية, 日本語.\n\nSource: Joint Responsibility Shared Rewards: The Managing Director’s Global Policy Agenda, April 11, 2019 — International Monetary Fund — https://www.imf.org/en/publications/policy-papers/issues/2019/04/11/managing-director-global-policy-agenda-spring-2019\n\n---\n\n Content in this bundle\n\n- The Managing Director’S Global Policy Agenda\n  - The Managing Director’S Global Policy Agenda (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - The Managing Director’S Global Policy Agenda (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2019/04/11/managing-director-global-policy-agenda-spring-2019"
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    "Published: April 11, 2019",
    "International cooperation, economic and financial integration, and technological progress have delivered enormous benefits across the globe during the past decades.",
    "In many countries, these benefits have not been shared adequately, contributing to eroding trust in institutions and weakening support for the global system that enabled those gains.",
    "Rising disengagement coincides with major global challenges: rapid technological advancements, uncertainty about the future of work, demographic shifts, environmental degradation, and climate change.",
    "These challenges require a \"new multilateralism\" that instills confidence that the costs and rewards of lasting solutions will be shared by all.",
    "The concept hinges on three complementary and reinforcing areas of policy action:",
    "Policymakers should re-orient domestic and international policies to better manage the economic and social consequences of international integration and technological advancements.",
    "Policy design should be mindful of the global footprint of national actions.",
    "Strengthening multilateral cooperation is necessary to address cross-border spillovers and ensure shared responsibility for common global problems.",
    "The IMF eLibrary offers over 25,000 IMF publications in multiple formats.",
    "The publication is available in multiple languages: русский, français, español, 中文, العربية, 日本語.",
    "**The Managing Director’S Global Policy Agenda**"
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