Your current location:HOME >sport >‘Robust' US has helped improve global economic outlook, IMF chief says 正文
TIME:2024-05-07 16:15:37 Source: Internet compilationEdit:sport
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.
Relegation2024-05-07 15:40
How major US stock indexes fared Tuesday, 4/23/20242024-05-07 15:40
Luxury £1m homes are destroying our coastline2024-05-07 15:25
Wondrous Xinjiang: Xinjiang's mobile bazaar blooms ahead2024-05-07 15:22
REVEALED: Michelin Guide names its first2024-05-07 14:46
NBA says Tyrese Maxey was fouled2024-05-07 14:33
QB Stetson Bennett is back with the Rams for offseason workouts after missing his first NFL season2024-05-07 14:30
What's in the $95 billion foreign aid package passed by Congress?2024-05-07 13:52
Signatures submitted for 'top two' primary election in Republican2024-05-07 13:40
Row as Rishi Sunak lines up ex2024-05-07 13:38
Can yogurt reduce the risk of Type 2 diabetes?2024-05-07 16:13
Turkish dental surgeon screwed tooth implant into father's BRAIN cavity in horrific blunder2024-05-07 16:03
Shohei Ohtani hits 4502024-05-07 15:33
Eagles' Isaiah Rodgers reinstated by NFL after gambling suspension2024-05-07 15:29
Minnesota legislators consider constitutional amendment to protect abortion and LGBTQ rights2024-05-07 14:58
Capital FM's reveals Nicki Minaj's major diva moment when she refused to do interview2024-05-07 14:50
Kenya to invest 1.9 mln USD to boost EV adoption in 3 years2024-05-07 14:28
'Boy in the attic's' mom's harrowing final words before she died of a broken heart are revealed2024-05-07 14:15
Late Baldé header steals dramatic 42024-05-07 14:05
Maine governor vetoes bill to create a minimum wage for agricultural workers2024-05-07 13:44