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The Managing Director's Global Policy Agenda Annual Meetings 2021: Vaccinate, Calibrate, Accelerate

International Monetary Fund

No 2021/065, IMF Policy Papers from International Monetary Fund

Abstract: Urgent policy action is needed to control the pandemic, limit scarring, and transform the global economy. The global recovery continues, thanks to unprecedented monetary, fiscal, and financial support over the past year. However, pandemic-induced divergences are persisting, driven by stark differences in access to vaccines and policy space. The Fund will continue to support the membership deal with these ongoing and new challenges. Our priorities are to: vaccinate the world population to stem the spread of pandemic; calibrate policies to limit scarring, support the recovery, and counter growing divergences within and between countries; and accelerate the transformation of the global economy to achieve a more inclusive, greener, and digital recovery.

Keywords: Vaccinate; Accelerate; Calibrate; policy advice; debt vulnerability; inflation expectation; prudential policy response; face liquidity constraint; policy guidance; country engagement strategy; inflation risk; COVID-19; Climate change; Inflation; Global (search for similar items in EconPapers)
Pages: 6
Date: 2021-10-13
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