Policymakers across the world must act now to check inequalities : IMF chief

He said globalisation itself has changed considerably today, while adding that one needs to be very cautious with adhoc policy making.

The panel also discussed whether poor employment prospects and low-income growth in many developed economies have laid the groundwork for the rise of populism. It also focused on whether policymakers ignored these trends or did too little to address them.

Besides, the panelists talked about what can be done to restore growth in the middle class and confidence in the future.

Speaking on the issue of middle class crisis, Ray Dalio, Bridgewater Associates, said populism is the number one issue in politics today.

From Agencies, Feature image courtesy worldfinance