Rebuilding the Global Economy and Multilateral System

Rebuilding for the Future The novel coronavirus pandemic has battered the global economy: the latest IMF forecast projects negative 4.9% global growth in 2020 and extreme poverty is set to increase for the first time since 1998. Given these dramatic headwinds, how can the international community and the IMF help rebuild the global economy? In today’s shock-prone world, how can we build resilient, sustainable economies? Kristalina Georgieva, Managing Director, IMF John Lipsky (Moderator), Peter G. Peterson Distinguished Scholar, Johns Hopkins School of Advanced International Studies and Former First Deputy Managing Director, IMF Debt and Development The World Bank predicts that the dual health and economic crises triggered by Covid-19 could push more than 70 million people into extreme poverty in 2020. How can the international community and the World Bank work to prevent development backsliding? What can be done to support countries facing a public health crisis, recession, and mounting debt? David Malpass, President, World Bank William R. Rhodes (Moderator), President and CEO, William R. Rhodes Global Advisors and Former Chairman, President, and CEO, Citibank