The IMF needs to prepare for the post-COVID world (Martin Mühleisen, Atlantic Council)

While the controversy surrounding International Monetary Fund (IMF) Managing Director Kristalina Georgieva has drawn the bulk of the attention as the IMF and World Bank settle in for their annual meetings this week, IMF members would be better off engaging in a serious discussion of the organization’s strategic direction.

The risks inherent in its economic outlook, such as the withdrawal of pandemic-driven stimulus and stretched asset valuations, will require reconciling differing views on how much the institution has changed its focus toward climate policy and development finance in the last two years.

Some observers are concerned about the IMF moving too far away from its traditional area of expertise. Their worries are justified: progress on climate and development can only be achieved via strong job growth and a healthy global economy. The fund therefore needs to stay focused on its global stability mandate.

The IMF needs to prepare for the post-COVID world – Atlantic Council

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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