OECD's Mann: Growth Outlook Boosted by Global Stimulus

The transcript discusses the anticipated fiscal stimulus under Trump's administration and its global implications, including in China and Europe. It highlights the potential changes in macroeconomic policies following the US election, focusing on infrastructure and fiscal space in Europe. The challenges of forecasting in uncertain political climates are addressed, emphasizing the importance of fiscal stimulus and structural reforms to escape the global low growth trap.

What is the expected timeline for the fiscal stimulus to impact global growth?

• Early 2017

• Mid 2017

• Late 2018

• Early 2018

Which regions are expected to contribute to the global fiscal stimulus?

• South America and Asia

• United States and Africa

• Australia and Canada

• China and Europe

What aspect of fiscal policy was common in both US presidential candidates' programs?

• Defense spending

• Infrastructure development

• Education funding

• Healthcare reform

What is the main challenge in predicting fiscal policies in the United States?

• Economic stability

• Technological advancements

• Uncharted political territory

• Lack of historical data

What are the key components needed to escape the low growth trap?

• Higher interest rates and inflation

• Spending, tax cuts, and structural reforms

• Increased tariffs and trade barriers

• Reduced government spending