Kristalina Georgieva, the head of the International Monetary Fund (IMF), had a stark message for global policymakers, central bank governors, and global business leaders in the recent annual meetings of the IMF and the World Bank. She warned them to “buckle up” since “uncertainty is the new normal” and it is here to stay. “The average person today is much better off than, say, 30 years ago, but the averages conceal deep undercurrents of marginalisation, discontent, and hardship. Many people in many places — especially the young — are taking their disappointment to the streets… demanding better opportunity. All of this plays out against a backdrop of deep transformations: in geopolitics; in technology; in demographics…” she said in the curtain raiser to the latest World Economic Outlook (WE
From IMF, a note on resilience in face of uncertainty

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