02228cas a2200313 a 4500 AALejournalIMF020118 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498338998 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Statement by the Managing Director to the International Monetary and Financial Committee on the Fund's Policy Agenda. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (3 pages) Policy Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Since the IMFC last met, the global economic recovery has gathered strength and financial conditions have kept improving; but members continue to face multiple and diverse challenges-slow growth, high unemployment, and fiscal and financial vulnerabilities in many advanced economies; and rapid credit growth and overheating pressures in some emerging markets. Rising food and energy prices have returned, further constraining policies. Meanwhile, global imbalances show no sign of abating, and volatility in cross border financial flows and exchange rates remains high. The outlook has been further challenged recently by unpredictable shocks: the tragic events in Japan and developments across the Middle East and North Africa. The latter also contain an important lesson for policy makers, namely that the quality of growth-especially its ability to combat unacceptably high unemployment and inequality-is critical to the sustainability of growth. Mode of access: Internet Continued Legitimacy imf Financial Condition imf Fund imf Governance Structure imf PP imf Japan imf Policy Papers; Policy Paper ; No. 2011/027 Full text available on IMF http://elibrary.imf.org/view/journals/007/2011/027/007.2011.issue-027-en.xml IMF e-Library