Policy Papers

The Managing Director's Global Policy Agenda, Annual Meetings 2023: Building Shared Prosperity and Collective Resilience

Publication Date:

October 12, 2023

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The global economy has shown resilience: macroeconomic policies are delivering, inflation is steadily declining, and financial markets have stabilized. But the recovery is slow and uneven, medium-term growth prospects are weak, and there is a risk of further divergence across countries. The key policy priorities are to (1) safeguard macroeconomic stability and rebuild buffers while enhancing prosperity through growth-oriented and green reforms and (2) bolster international cooperation to strengthen the global financial safety net and debt architecture and to support ongoing fundamental transitions that transcend borders and require joint action. The IMF—as trusted advisor, provider of financial support, and platform for cooperation—remains committed to bringing countries together to solve global challenges.

Series:

Policy Paper No. 2023/043

Subject:

Climate change Environment Financial sector policy and analysis Financial sector stability Fiscal policy Monetary policy Political economy

Frequency:

occasional