![Managing Director of the International Monetary Fund (IMF) Christine Lagarde gestures during the closing ceremony for the IMF and World Bank annual meetings in Nusa Dua on Indonesia’s resort island of Bali on October 14, 2018. / AFP / Sonny TUMBELAKA](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/R64YOOZLPN56LZWP62A4NRWOK4.jpg?smart=true&auth=ab8806d76c0ccfe639268cc23bf51e8fbe72ffb46da21ca95ab2d3b0d42a202f&width=400&height=225)
IMF managing director Christine Lagarde. Bali meetings of finance chiefs were short on substance. AFP
IMF managing director Christine Lagarde. Bali meetings of finance chiefs were short on substance. AFP
Boilerplate platitudes will do little to avert global economic threats
International Monetary and Financial Committee fails to address meaningful measures to deal with divergence among advanced economies
Mohamed El Erian
15 October, 2018