Noting that a turning point is yet to be reached, the IMF said it was slightly revising downwards the growth outlook for the global economy.
That is up from the previous record of $164 trillion in 2016, according to IMF figures
In the April 2009 study, its economists decided that declining per-capita GDP was the main indicator to monitor recession
She said the World Economic Outlook to be released next week will show downward revisions for 2019 and 2020
Research shows the impact of the trade conflict is widespread and countries must be ready to respond in unison with cash infusions, Kristalina Georgieva said in her first speech as MD of IMF
In recent days, the long-time World Bank economist has pressed the flesh in world capitals to advance her candidacy
Georgieva is a centre-right politician who grew up in Bulgaria under communism before a career that brought her to the top of the World Bank and the European Commission
She took a short tour of the iconic Churchgate station and WR headquarters