CLEAN : Global economy to face 'broad-based' slowdown in 2023, World Bank economist says

CLEAN : Global economy to face 'broad-based' slowdown in 2023, World Bank economist says

Assessment

Interactive Video

Business

10th Grade - University

Hard

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The video discusses the global economic outlook for 2023, highlighting weak growth projections, particularly in the euro area. It outlines a baseline scenario with a 1.7% growth rate, which is low but not a technical recession. Various risks, including inflation, high interest rates, geopolitical tensions, and climate change, could exacerbate economic challenges. The video also emphasizes the potential for financial stress and debt crises, especially in low-income countries, if financing conditions tighten.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected growth performance for the euro area in 2023?

Zero growth

High growth

Positive growth

Negative growth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the projected global economic growth rate for 2023?

2.5%

3.0%

0.5%

1.7%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT mentioned as a risk to the global economy?

Food insecurity

Inflation

Geopolitical tensions

Technological advancements

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could trigger a global recession according to the transcript?

Stable geopolitical conditions

Persistent inflation with high interest rates

Decreasing interest rates

Improved energy security

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which markets are more vulnerable to debt distress?

Emerging markets

High-income countries

Developed markets

Frontier markets and low-income countries