One of the challenges to be addressed at the Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), the two major multilateral financial institutions in the world, is to find a way to revive the world economy or, at least, seek necessary and valid mechanisms to prevent the world’s productive activity slowdown.
What raises concern is the emerging markets’ slow growth pace, particularly of China and the impact in Latin American nations hit by the decline in international raw materials prices.
In 2015 and 2016 central banks from most of the countries will implement different actions in light of a possible announcement of the U.S. Federal Reserve (FED) that might increase its interest rate. This decision would contrast with a higher stimulus from European Central Bank and Japan.
Decisions
On the other hand, credit rating agencies plan to assess the classification of Latin American countries in view of the commodity prices decline and lower economic growth.
Therefore, representatives from global economies will have to work hard to seek successful solutions for the next twelve months.
Another issue to be addressed today will be that involving social inclusion at the WikiStage WBG Lima event.
The two-hour special event will include a series of talks, representations and inspirational movies presented by creative and original hosts from different disciplines.
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