- Large CB balance sheets will be complex, could risk large spillovers via market and FX volatility
- EM’s see room for more cooperation on spillovers from mon pol
- Further actions needed from surplus and deficit countries to make sure imbalances keep falling
- Chine still needs to reign in shadow banking, hard landing a risk, would have impact on EM’s
- Nations should manage growth more actively
- reform fatigue could push global economy into prolonged slump
- Urges rich nations to avoid early stimulus exit
- Global recovery uneven and too weak for comfort
Christine Lagarde releases the IMF’s global policy agenda. It has come on top of their world economic outlook report which they released in more episodes than Dallas.
