The Managing Director's Global Policy Agenda Spring Meetings 2026: Managing Shocks and Transformations

International Monetary Fund

No 2026/008, IMF Policy Papers from International Monetary Fund

Abstract: The world faces the spillovers of a new war. In addition to the human toll, the economic effects of the war in the Middle East are global, and will once again hit the poorest and most vulnerable countries the hardest. This comes at a time when policy space has eroded and international cooperation is weaker. The appropriate policy response depends on how the shock propagates through the domestic economy, calling for pragmatism and agility, backed by credible policy frameworks. The IMF stands ready to deploy all its tools to assist the membership. We will support good policymaking—advising also that this new test must not derail essential medium-term priorities—and provide balance of payments financing where needed.

Keywords: shocks; policy agility; credible frameworks; resilience; transformations; cooperation; AI; inflation; technology; demographic shift; spillovers; fiscal space; IMF strong; Debt Sustainability Framework; policy priority; competition policy; policy framework; balance of payments; policy credibility; Labor markets; Global; Middle East (search for similar items in EconPapers)
Pages: 8
Date: 2026-04-15
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