The most significant risk to the world at the moment — the risk of non-cooperation. This was stated by the managing Director of the International monetary Fund (IMF), Christine Lagarde, speaking on Thursday in Washington.
“The greatest problem facing us now is the risk that the world will turn back to global cooperation, the cooperation, which has served us well” — quoted by RNS the head of the IMF.
She noted that low economic growth, rising inequality, lack of jobs, coupled with fears of social and geopolitical order “pour oil on the fire of populism and speaking on focusing on internal issues of the force. According to Lagarde, “in order to understand this, did not even have a vote in favour of Brexit (UK)”. She stressed that this vote (in the referendum of June 23) added to the prospects of world economic development even more uncertainty.
According to the head of the IMF, the hardest hit by the reduction in the intensity of cooperation poor countries — which, however, offer important prospects for the global economy.
“These are countries that are much promise to the global economy of the future, as the population of developed and developing countries is increasingly aging, which will limit their future role in global growth,” Lagarde stressed.
She drew attention to the fact that, according to the calculations of economists, the IMF, income per capita in sub-Saharan Africa could increase by 2050 by 50%.
“The achievement of this goal, however, requires large-scale external support and large investments in human and physical capital. You will need to create nearly 18 million new jobs every year until 2035, and to achieve a decisive shift from informal employment to formal,” said the managing Director of the IMF.
