As financial leaders descend upon Washington, DC, this week for the annual meetings of the International Monetary Fund (IMF) and World Bank, IMF Managing Director Kristalina Georgieva issued them some bleak advice: “Don’t get too comfortable.”. Georgieva’s warning last week came as the global economy continued to prove resilient against global shocks ranging from the United States’ tariff-rate changes to an artificial-intelligence investment boom that many believe is a bubble at risk of bursting. And while the global economy has done better than many feared, risks still linger. As Georgieva put it: “Uncertainty is the new normal, and it is here to stay.” An example of that played out just days before the annual meetings, when US President Donald Trump threatened to impose 100 percent tariffs on Chinese goods, but backtracked shortly after.
Behind the scenes of the IMF-World Bank Annual Meetings as leaders adjust to a new normal of uncertainty (Atlantic Council)
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