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240607 ||| eng |
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|a 9798400275753
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245 |
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|a Development Committee
|b The Managing Director's Written Statement April 2024
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2024
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300 |
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|a 5 pages
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653 |
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|a Environmental Economics: General
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653 |
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|a Inflation
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653 |
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|a Environmental Conservation and Protection
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653 |
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|a Economics
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653 |
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|a Sustainable development
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653 |
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|a Environmental Economics
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653 |
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|a Development
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653 |
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|a Political Economy
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653 |
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|a Natural Disasters and Their Management
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653 |
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|a Monetary economics
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653 |
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|a Development economics & emerging economies
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653 |
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|a Environment
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653 |
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|a Deflation
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653 |
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|a Green finance / sustainable finance
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653 |
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|a Climate
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653 |
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|a Industrial productivity
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653 |
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|a Climate change
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653 |
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|a Sustainable Development
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653 |
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|a Disinflation
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653 |
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|a Political economy
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653 |
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|a Price Level
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653 |
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|a Global Warming
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653 |
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|a Macroeconomics
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653 |
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|a Prices
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653 |
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|a Monetary policy
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653 |
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|a Monetary Policy
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653 |
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|a Money and Monetary Policy
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653 |
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|a Climate finance
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653 |
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|a Energy: Government Policy
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653 |
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|a Production and Operations Management
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653 |
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|a Sustainable Development Goals (SDG)
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653 |
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|a Climatic changes
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710 |
2 |
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|a International Monetary Fund
|b Strategy, Policy, & Review Department
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a Policy Papers
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028 |
5 |
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|a 10.5089/9798400275753.007
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856 |
4 |
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|u https://elibrary.imf.org/view/journals/007/2024/027/007.2024.issue-027-en.xml?cid=549137-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
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|a 330
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520 |
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|a The global economy has been resilient and appears headed for a soft landing. Inflation continues to recede and risks have become more balanced globally. Nonetheless, medium-term growth prospects remain at the lowest level in decades and a smooth completion of the disinflation process should not be taken for granted. While the outlook for low-income developing countries (LIDCs) is improving, risks are tilted to the downside. The pace of convergence toward higher living standards has slowed, making it increasingly challenging to achieve the Sustainable Development Goals (SDGs). In the last mile of disinflation, central banks should ensure that inflation moves durably to target: they should neither ease policies prematurely nor delay too long and risk causing target undershoot. Fiscal policies need to rebuild budgetary room and ensure debt sustainability. Fostering faster productivity growth and facilitating the green transition are keys to improving long-term growth prospects. Multilateral cooperation is key to enhancing the resilience of the global economy in a more shock-prone world
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