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The following is the IMF Annual Report 2020 From An unprecedented year recommended by recordtrend.com. And this article belongs to the classification: global economy , research report.
Under the influence of the new epidemic, the current global economy is in a deep recession. The economic outlook is still full of uncertainty. In addition, some long-term factors also determine and affect the epidemic response measures and economic recovery process of various countries.
Profound changes have taken place in people’s lives all over the world: economic recession, rising unemployment rate, climate change, technological progress and work automation, the rise of digital currency, the decline of savings yield, the intensification of inequality and the rise of debt level.
But these persistent global forces and the current crisis also offer an opportunity to build a better future for all. According to the report, the IMF will continue to work hand in hand with you towards the common goal of solving the most urgent problems, restoring leadership and trust in institutions, promoting economic recovery and building a global economy that benefits all.
The annual report focuses on policies supporting the public and examines the impact of macroeconomic policies on individuals. In addition, it also highlighted the progress of IMF’s continuous deepening of relevant work in many areas, including debt sustainability, social expenditure, financial technology and digital currency. By taking action in these areas, it will be possible to promote employment friendly economic growth for all, thus achieving a transformative recovery process.
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