Mumbai, Nov. 7 -- Dan Katz, First Deputy Managing Director of the IMF has stated that global economic relations are being transformed by the growing intersection between geopolitics and trade, new technologies, and a rapidly evolving rethinking of long-held assumptions about international economic integration. In this context, the global economy is being redesigned-not just for short-term efficiency, but for long-term resilience. He noted that financial integration is also evolving. Core funding markets are increasingly dominated by non-bank financial intermediation, which may increase the potential for rapid transmission of shocks. Needed but painful domestic adjustments could come at the sharp end of repricings rather than deliberate plan...