Fiscal Policy Will Be More Effective Tool for Growth, Says Morgan Stanley’s Tan

The transcript discusses the 2019 growth forecasts, focusing on China's disappointing data and the potential impact of monetary and fiscal policies on global economic recovery. It highlights the interplay between trade tensions and policy easing, emphasizing the need for sustainable trade resolutions and more proactive policy measures. The discussion also covers the cyclical and structural slowdowns affecting the global economy, suggesting that a V-shaped recovery is unlikely without significant policy interventions.

What is the main concern regarding China's economic data as discussed in the first section?

• Rapid economic growth

• Disappointing economic performance

• Stable economic indicators

• Excessive fiscal spending

In the context of the second section, which country has primarily started fiscal easing?

• India

• Japan

• China

• Vietnam

According to the second section, what is needed for a V-shaped recovery in Asia?

• Reduced government intervention

• More evident fiscal easing

• Increased monetary policy

• Higher trade tariffs

What does the final section suggest is necessary for a more evident economic recovery?

• Reduced fiscal spending

• Higher interest rates

• Increased trade tensions

• Sustainable trade resolution and more policy easing

How is the current policy easing described in the final section?

• Aggressive and large-scale

• Reactive and smaller in size

• Proactive and preemptive

• Non-existent