
IMF: How vaccine equity could help economic recovery
IMF economist Gita Gopinath reflects on the factors affecting the projected recovery and recommends four policies to make it inclusive, resilient and green.
International Monetary Fund (IMF) is an international organization of 188 member countries established to promote international monetary cooperation, exchange stability and orderly exchange arrangements. It seeks to foster economic growth and high levels of employment and to provide temporary financial assistance to countries to help ease balance of payments adjustment. Since it was established in 1944, its purposes have remained unchanged but its operations, which involve surveillance, financial assistance, and technical assistance, have developed to meet the changing needs of its member countries in an evolving world economy.
IMF economist Gita Gopinath reflects on the factors affecting the projected recovery and recommends four policies to make it inclusive, resilient and green.
The IMF projects growth to improve between 2019 and 2020. But 70% of this increase will depend on the performance of emerging markets and developing economies.
Does globalization improve people's lives, or do the negative impacts of increased competition outweigh the positive?