CLEAN : UN urges monetary easing to avert recession threat

The video discusses the interconnected global crises, including climate change, COVID-19, and the war in Ukraine, and their impact on economies. It highlights the risk of a policy-induced global recession and the need for coordinated actions to prevent a downturn. The current monetary and fiscal policies in advanced economies are affecting economic and social goals, hitting the poorest hardest. The video emphasizes the importance of policy choices and political will to support vulnerable populations and change the current course of action.

What are the main interconnected crises mentioned in the first section?

• Pandemics, financial crises, and political instability

• Climate change, COVID-19, and the war in Ukraine

• Global warming, economic recession, and trade wars

• Energy shortages, inflation, and unemployment

What is the projected global growth rate for 2023 according to the second section?

• 2.5%

• 2.2%

• 1.8%

• 3.0%

Which group is most affected by the policy moves in advanced economies?

• Small businesses

• The poorest populations

• The wealthiest individuals

• Middle-class families

What could excessive monetary tightening lead to, as discussed in the final section?

• Rapid economic growth

• Increased global trade

• Stagnation and instability

• Higher employment rates

What is emphasized as crucial for supporting vulnerable populations?

• Military interventions

• Increased taxation

• Policy choices and political will

• Technological advancements