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Global economy - challenges, opportunities and way forward

· Shaktikanta Das, Governor of the Reserve Bank of India (India)

Summary written by Dark Majestic in its own words · topics: inflation and price stability, financial stability, trade, fragmentation and geopolitics, development and emerging economies

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· Shaktikanta Das Wiki · Reserve Bank of India WikiGlobal economy - challenges, opportunities and way forward

ContextClosing remarks by Shaktikanta Das, Governor of the Reserve Bank of India, at the seminar on "Global Economy - Challenges, Opportunities and Way Forward", organised by the Ministry of Finance, Government of India and the Reserve Bank of India, Mumbai, 11 August 2023.

Why it mattersDas calls for G20 coordination as limited policy room meets high inflation.

Problems raised
  1. Post-pandemic recovery faces high inflation.
  2. Financial vulnerabilities and limited policy room.
  3. Geopolitical tension.
Solutions proposed
  1. Coordinate policy through the G20.
  2. Strengthen financial resilience.
  3. Support emerging economies.
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