mercoledì 18 ottobre 2023

Outside of the box: World economy heads for soft landing amid uncertainty International Monetary Fund/World Bank meetings conclude | European Stability Mechanism

 
The world economy is on course for a soft landing next year after a bumpy journey. Markets are eyeing some risks and must navigate more uncertainty. 
That was the view at the International Monetary Fund (IMF)/World Bank annual meetings held last week in Morocco. 
Attracting dignitaries from around the world, the meetings marked the first held in a location outside of Washington DC since the pandemic and the first annual meetings back in Africa in 50 years, in addition to being put on despite the devastating earthquake to rock the nation last month.

ESM senior officials attended close to 30 meetings with public sector institutions, international banks, and investors over several days. As the ESM’s Chief Financial Officer, responsible for both bond issuance and portfolio investments, these meetings provided me with important insights into institutional thinking and market reactions.

Following these insightful discussions with peers and the financial community, I share six key takeaways. (...)

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