IMF President warns: "The era of accumulating shocks has become the new normal but the world is not yet prepared."
Wisdom Financial APP has learned that, facing the aftermath of the pandemic, the Russia-Ukraine conflict, Middle East warfare, trade frictions, and the profound changes brought by the artificial intelligence revolution, International Monetary Fund (IMF) Managing Director Kristalina Georgieva recently issued a warning that the global economy is entering an "Age of Shocks", governments, international institutions, and businesses must accept a realitythat future crises will be more frequent, more contagious, and economic systems must establish stronger resilience capabilities.
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