WASHINGTON, DC – APRIL 18: International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a press briefing on “Global Policy Agenda” at the IMF headquarters on April 18, 2024 in Washington, DC. The World Bank and IMF annual Spring Meetings are held from April 15 – 20, 2024 in Washington. (Photo by Alex Wong/Getty Images)
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Last week saw the annual meetings of the IMF and World Bank take place in Washington, which typically offer a chance for economists and policy types to debate the state of the world. Several friends who attended reported back that the mood was less nervous than similar sessions earlier this summer, if only because the notion that we are in a normal, ordered world has been shattered.
In general, the IMF view is that in the next twelve months, the world economy will experience a low, positive rate of growth, with momentum in Europe picking up, just, and an otherwise troubled US…
