Global growth is expected to slow down over the next two years. Trade and investment flows are likely to be more moderate and access to finance more difficult. Risks to the global economic outlook include greater volatility in financial markets, trade tensions, and heightened policy uncertainty.
Given these challenges, policymakers in emerging market and developing economies need to strengthen monetary and fiscal policy frameworks that will help them to cope with these uncertainties. At the same time, they must also focus on long-term growth prospects by taking steps to improve competitiveness, adaptability to technological change, and trade openness.
Join experts from the World Bank, the IMF, and CGD as we explore how global policymakers can best manage economic challenges in the coming year.
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