EM Likely to See Negative GDP Growth This Year: JPMorgan

EM Likely to See Negative GDP Growth This Year: JPMorgan

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the economic challenges faced by emerging markets due to the pandemic, focusing on the prolonged recovery process, the role of the dollar as a safe haven, and the fiscal deficits these countries face. It highlights the need for government and central bank support to manage these deficits and the potential risks of inflation. The video also examines India's economic response to the pandemic, including a significant stimulus package and the challenges of financing it.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main factors holding back recovery in emerging markets?

High inflation rates

Damage to balance sheets

Strong currency value

Rapid industrial growth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the dollar considered a safe haven during economic uncertainty?

It is supported by strong fiscal policies

It is backed by gold

It is widely accepted globally

It is less volatile than other currencies

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge for emerging markets in financing fiscal deficits?

Lack of private sector funding

High interest rates

Over-reliance on exports

Excessive foreign investment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential risk of quantitative easing in emerging markets?

Increased unemployment

Runaway inflation

Currency devaluation

Trade imbalances

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of demand destruction on emerging markets?

Increased inflation

Higher interest rates

Widening output gaps

Stronger currency

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is India planning to address its fiscal deficit during the pandemic?

By increasing taxes

Through a large stimulus package

By cutting public spending

Through foreign loans

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key component of India's announced fiscal package?

Infrastructure investment

Tax reductions

Increased import tariffs

Liquidity support from the Reserve Bank of India