Three big takeaways from the IMF-World Bank meetings

The Bangkok meetings were the first in Asia since 2018, when the gathering was held in Bali, Indonesia. Thailand last hosted in 1991, six years before the unpegging of the baht from the U.S. dollar set off the Asian financial crisis. Fast-forward to 2026, and anything from global imbalances to the AI boom or a massive debt buildup in the “Global North” could trigger the next financial crisis, said Kevin Gallagher, director of Boston University’s Global Development Policy Center, who spoke with reporters in Beijing after attending the IMF and World Bank meetings. The IMF was upbeat on economies positioned…