IMF's Gaspar Says U.S. Needs Lower Tax Rates

The video discusses the need for fiscal stimulus in the US, focusing on corporate tax reform due to high tax rates and low revenue. It recommends a neutral fiscal stance and gradual consolidation to reduce public debt. The global fiscal policy is challenged by high public debt and demographic trends. The IMF emphasizes the importance of trade and inclusive growth, despite skepticism from populist politicians.

What are the implications of rising populism on international organizations like the IMF?

How has trade impacted poverty levels globally according to the text?

What role does the IMF play in promoting inclusive and sustainable growth?