WASHINGTON — The International Monetary Fund (IMF) on Thursday unveiled plans to revamp the way it conducts economic assessments to better account for risks related to climate change, inequality, and demographics, as well as evolving digital technologies.
The new approach was agreed upon by the IMF’s executive board after the global lender’s first comprehensive review of its surveillance work since 2014. It will provide strategic direction for its economic analysis in the coming years.
Civil society groups lauded the changes, which acknowledge for the first time that climate-change-related policies affect overall economic performance, but said the IMF should have enacted further-…
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