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Coping with Economic Slowdown
In his inaugural address on Oct. 1, 2019, the executive director of the International Monetary Fund (IMF), Kristalina Georgieva, said straightforwardly that the global economy was experiencing a synchronized slowdown.
In his inaugural address on Oct. 1, 2019, the executive director of the International Monetary Fund (IMF), Kristalina Georgieva, said straightforwardly that the global economy was experiencing a synchronized slowdown.
Meaning that the slowdown is very real, while the impact will spread throughout the world. The reason is that global trade is practically stuck, while the production chain is fragmented.