How to Help, Not Hinder Global Growth

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Christine Lagarde, of IMF Blog, highlights significant stumbling blocks that could stand in the way of growth, such as the underlying vulnerability of the global economy and growing trade concerns.

The G-20, an international forum for the governments and central bank governors from 19 countries and the European Union, can help remove these stumbling blocks and support a rebound in growth by creating a more open, more stable, and more transparent trade system.

There should also be fine adjustments in fiscal policies that strike the right balance between growth, debt sustainability, and social objectives. Structural reforms would also make growth more resilient and inclusive.

Lagarde concludes that, for the G-20 nations, working in partnership to help with openness and inclusiveness can stimulate economic growth.

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