Resilience is watchword in IMF’s World Economic Report
Tenreyro says sources of oil, trade and tech inputs should be diversified if economies are to withstand shocks
The global economy has remained resilient in recent years, notwithstanding an “extraordinary” confluence of shocks, the International Monetary Fund has said in the latest edition of its World Economic Outlook report, published today (October 13). But if it is to remain resilient, there will need to be further diversification of energy supplies, trade partnerships and sourcing of critical technology.
In the foreword to the report, Silvana Tenreyro, the IMF’s economic counsellor, writes that labour
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