Posted 4/13/2024, 2:00:00 PM
IMF: Global Economic Recovery Uneven; Old and New Challenges Remain
- Recovery is uneven across countries; some growing strongly while others struggle
- Scars remain from weak half-decade of growth, especially in poorer countries
- Pre-pandemic issues like productivity and climate change still need addressing
- New challenges like protectionism, deglobalization, and AI pose questions
- IMF and World Bank governance structures reflect 1944; doubts on fitness for current global economy
