Christine Lagarde

World finance officials pledge more resources to aid growth

World finance leaders pledged Saturday to use more resources to try to bolster economic gains as they confront stubbornly slow growth and a rising backlash against globalization.

The policy committee for the 189-nation International Monetary Fund said the world has "benefited tremendously from globalization" but that protectionism is a threat.

Increasing anger over globalization dominated the annual meetings of the IMF and its sister lending agency, the World Bank.

The unhappiness is evident in Britain's vote in June to leave the European Union and in the U.S. presidential campaign of Republican Donald Trump. Trump has said millions of Americans have lost...