OECD Trims 2020 Global Forecast to 2.9%

OECD Trims 2020 Global Forecast to 2.9%

Assessment

Interactive Video

Business

University

Hard

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The video discusses the global economy's slight growth from 2.9% to 3% in 2021, highlighting its stability and stagnation. Key factors include uncertainty in trade tensions, risks from China's slowdown, and structural issues like lack of government action on digitalization and energy transition, which hamper investment growth.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the projected growth rate of the global economy in 2021?

2.5%

2.9%

3%

3.5%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor is NOT mentioned as a reason for economic stagnation?

Lack of digitalization

Global pandemic

China's economic slowdown

Uncertainty in trade tensions

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the risks contributing to economic stagnation?

Rising inflation

China's economic slowdown

Technological advancements

Increased consumer spending

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which structural factor is affecting investment growth?

High interest rates

Increased taxation

Rising labor costs

Lack of government action on digitalization

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is another structural factor impacting investment growth?

Urbanization

Energy transition

Trade agreements

Population growth