Your current location:HOME >style >‘Robust' US has helped improve global economic outlook, IMF chief says 正文
TIME:2024-05-01 10:10:40 Source: Internet compilationEdit:style
Washington —Strong growth in the United States has helped to lift the outlook for the world economy,
Strong growth in the United States has helped to lift the outlook for the world economy, but more needs to be done to stem a slide in productivity, the head of the IMF said Thursday.
"Global growth is marginally stronger on account of robust activity in the United States and in many emerging markets economies," International Monetary Fund Managing Director Kristalina Georgieva told reporters in prepared remarks.
The U.S. economy grew by 2.5 percent last year, according to the U.S. Commerce Department, far outstripping most other advanced economies.
"Robust household consumption and business investment, and an easing of supply chain problems helped," Georgieva added. "And inflation is going down, somewhat faster than previously expected."
She spoke just a few days before the IMF-World Bank spring meetings of world financial leaders in Washington, one of two such gatherings hosted each year by the international financial institutions.
Her remarks suggest the IMF now expects the world economy to grow faster than it predicted in January, when it forecast global growth to rise by 3.1 percent in 2024, and 3.2 percent in 2025.
"It is tempting to breathe a sigh of relief. We have avoided a global recession and a period of stagflation — as some had predicted," Georgieva said. "But there are still plenty of things to worry about."
Among the challenges, Georgieva mentioned rising geopolitical tension, which, she said, is increasing the risks of fragmentation of the global economy.
She also highlighted the challenges of growing public debt and a "broad-based slowdown in productivity."
Because of this, the IMF expects growth to remain at just above 3 percent over the medium term — below its historical average.
To help the global economy to heal and fix the productivity challenge, Georgieva laid out a series of steps to bring global inflation and public debt back down to sustainable levels, and also called for steps to eliminate "constraints to economic activity" and boost productivity.
"In short, if there is a market failure that is being addressed — such as accelerating innovation to address the existential threat of climate change — there is a case for government intervention, including through industrial policy," she said.
"If there is no market failure, there is a need for caution," she added.
Tunisian opposition wants political prisoners freed before taking part in presidential election2024-05-01 09:56
Edwards and Towns lead Timberwolves into the 2nd round of the NBA playoffs for 1st time since 20042024-05-01 09:47
Strictly Come Dancing's Ellie Leach 'takes swipe at ex2024-05-01 09:26
Hawaii is known for its macadamia nuts. Lawmakers want to keep it that way2024-05-01 08:46
EMMA COWING: Humza Yousaf's obsession with gender politics showed an absolute contempt for women2024-05-01 08:13
BMW to further invest $2.8 bln in NE China production base2024-05-01 08:05
French media: Police summon actor Gérard Depardieu for questioning about sexual assault allegations2024-05-01 07:54
Monica Garcia suffers pregnancy loss: RHOSLC star, 39, reveals she lost her baby2024-05-01 07:41
Miriam: Death Of A Reality Star review2024-05-01 07:36
Israeli officials concerned about possible ICC arrest warrants as pressure mounts over war in Gaza2024-05-01 07:32
After a strong first round, overall NFL draft ratings down 3 percent from last year2024-05-01 09:47
Boosted by sci2024-05-01 09:39
Russia says Moscow terror attack suspects planned to flee to Kiev for reward2024-05-01 09:37
Indonesian and Singaporean leaders hold annual talks, joined this year by their successors2024-05-01 09:26
Oilers can knock Kings out of playoffs again. Stars2024-05-01 09:16
Putin calls for de2024-05-01 08:45
WNBA franchises look to build and strengthen chemistry during camp in their hunt for championships2024-05-01 08:39
WNBA franchises look to build and strengthen chemistry during camp in their hunt for championships2024-05-01 08:19
Kendall Jenner puts on a cheeky display in flesh2024-05-01 07:30
Plane crashes into river in Alaska2024-05-01 07:25