Mumbai, Oct. 9 -- Global economy is coping with shocks in a better-than-expected manner, but there is a risk that the resilience has not yet been fully tested, International Monetary Fund Managing Director Kristalina Georgieva said in a curtain raiser speech for the 2025 IMF-World Bank Annual meeting next week.
Economies of the U.S. and many other advanced and emerging markets and some developing countries have thus far been resilient to acute shocks, Georgieva observed.
The lender expects global growth to slow only slightly this year and next.
"All signs point to a world economy that has generally withstood acute strains from multiple shocks," Georgieva said.
She gave four reasons for this resilience that included improved policy funda...