The war of fees unleashed unleashing US President Donald Trump will lead to the IMF (IMF) Notify the “significant sale” of Growth predictions And a higher increase in prices, but not recession. The warning was launched on Thursday, April 21, and its managing director, Crystalina Georjeeva, on Thursday, in one of the earliest activities of the World Bank’s spring meetings.
In a speech focusing on the effects of the current business crisis, Georgeva recalled uncertainty “expensive”, and he warned of the risks of the loss of confidence in economic agents, and claimed to be applicable to applicable countries. “To keep your own homes properly” ambitious reforms.
The International Monetary Fund considers the restoration of the World Trade Organization (Govt, Energy, Inflation, War in Ukraine …) … “The fluctuation of the financial markets has increased. The uncertainty of the business policy is actually in the clouds ”He has warned.
In his opinion, business tensions are the result of erosing confidence between countries and countries, because global economic coordination has brought out a large number of people out of poverty and has enhanced the situation of the world as a whole, however, the world has improved the situation. Not everyone benefited from it. Georjeewa explained that those tensions are “like a pot of boiling and now a boiling pot.”
Therefore, trade disintegrations – fees and non -Kandy barriers – have given the negative opinion of a multi -faceted organization that is unable to provide equal conditions. This has included a debate on national security. According to this logic “wide range of strategic materials, From computer chips to steelThey must be made at home and it is worth paying for it. Self -shortage is coming back, ”says the head of the IMF.
“Business tensions are like a pot that boils for a long time”
Examples of how Georgeva is Recent increase, pauses, ascending and payment deductions They have triggered the useful fee of America At levels that are not seen in “in many life” Remember that Previous chapters suggest that business partners were not paid by the highest fees. Securityism is not only destroying long -term productivity, but some of the economic sectors of some countries can be flooded with cheap imports, while others are experiencing a shortage.
Low growth, high inflation
All of this warns that “new growth forecasts include significant sale, but not recession.” The International Monetary Fund is reviewing some countries’ inflation forecasts. In terms of these predictions, a multi -class creature invites governments to mobilize and redesign their efforts. “In the world with greater uncertainty and frequent disruptions, There is no place to delay the reforms It is aimed at strengthening economic and financial stability and improving growth skills, ”Georgeia apostles.
On the one hand, states with durable public debt level must act quickly to restore the consistency, although this includes the “difficult decision” in the reconstruction of their debt. Middle Duties that place financial administrators Bank reforms, capital markets, competitive policy, intellectual property rights are ready to use artificial intelligence.
International Monetary Fund puts ‘duties’ to Europe, China and the United States
“In many cases, the government has to do many more to reduce barriers to private companies and innovations, and in other words, Georjeeva says that the body will help the states in the process. In the particular case of Europe, the Germany’s financial expansion to facilitate security and infrastructure costs “determined” It stimulates domestic demand and social policies to improve competitiveness by deepening the single market.
“Europe needs a bank union. Europe needs a union of capital markets. Europe needs less restrictions for internal trade in services. The list is long, 0.9% advanced throughout the year last year.
A China He invites him to use principles to promote low private consumption by chronological order. Among them, IMF recommends to reduce industrial policies and the participation of state -fed state in the industry; Improving social security networks and reducing the need for prevention storage; Third, tax support to address the weaknesses of the real estate sector.
Finally, in terms of the United States, the funds think that the federal public debt is on the path to declining. “To do this, it is necessary to significantly reduce the federal budget deficit, which will require the reform of costs with other things,” says Crystalina Georgeva.