2019: The year in review

2019: The year in review
Clockwise from top right: Mark Carney, Mark Zuckerberg, Christine Lagarde, Kristalina Georgieva, Gita Gopinath and Paul Volcker
Photos: Juno Snowdon/Anthony Quintano/IMF/Salzburg Global Seminar

The past year has been a difficult one for the global economy, even as some of the worst fears over recession were avoided. Slow stagnation in many economies contrasted starkly with rapid innovation in fintech, and a few signs of rising exuberance in financial markets.

The International Monetary Fund set the tone, revising down the growth outlook for almost every economy in April, before cutting its forecasts again in October. Chief economist Gita Gopinath warned the world was entering a

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