IMF Podcasts
Kristalina Georgieva: The 2020s: Turbulent, Tepid or Transformational?
Apr 11, 2024
IMF Managing Director Kristalina Georgieva discusses the global economic landscape, fiscal policies, climate transition, and trade dynamics in the 2020s. Topics include macroeconomic foundations, fiscal prudence, green and digital transitions, and the impact of geopolitical events on supply chains.
24:37
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Quick takeaways
- Sound macroeconomic fundamentals and good policies are crucial for sustaining the economy, with a focus on labor markets and immigration.
- Rebuilding fiscal buffers, addressing high debt levels, and implementing sustainable fiscal policies are essential for fiscal resilience and avoiding debt distress.
Deep dives
Global Economic Outlook and Policies
The podcast discusses the current global economic outlook, highlighting the marginally stronger global growth attributed to robust activity in certain regions like the United States and emerging markets. It emphasizes the importance of sound macroeconomic fundamentals and good policies in sustaining the economy, with a focus on labor markets and immigration to support labor supply in aging populations. Despite the challenges posed by geopolitical tensions and economic divergence, the podcast underscores the need for policy choices that prioritize resilience, stability, and sustainable growth.
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