The Future Outlook of IMF

Why Crisis hit the market ? Why we are unable to solve? Why we failed to take precautions? The question is we knew about our future but still we ignored the consequences. Therefore , 9 points are covered about future.

 1. Crisis hits the market , still we failed to recover it. Policy changes is a must. 2. In the age-old discussion of the relative roles of markets and the state, the pendulum has swungat least a bittoward the state. 3. The crisis made it clear that there are many distortions relevant for macroeconomics, many more than we thought earlier. 4. Macroeconomic policy has many targets and many instruments. 5. We may have many policy instruments, but we are not sure how to use them.

 6. While these instruments are potentially useful, their use raises a number of political economy issues. 7. Where do we go from here? In terms of research, the future is exciting. 8. Things are harder on the policy front. Given we dont quite know how to use the new tools and they can be misused, how should policymakers proceed? Pragmatism is of the essence. 9. We have to keep our hopes in check.