UN IMF Debate on Global Economics Discussion
Based on the last IMF debate on October 2020, escalating trade tensions are taking a toll on the global economy due to the global pandemic, the US has not agreed on a stimulus, Brexit is a problem, and no vaccine has been identified yet. Many central banks have appropriately lowered interest rates, but there are limits to this strategy.
What other options do policymakers have based on the panelist’s suggestions?
Taking the perspective of UAE, which of the suggestions of the panelists would be most beneficial to your country’s economy in terms of the discussions on trade linked to the global economy.
Please provide two paragraphs to answer this discussion. One for each question.