IMF: Pandemic Having Devastating Effect on Certain Groups

The video discusses China's robust economic recovery and its impact on regional growth, highlighting the need for a shift from public to private demand. It addresses geopolitical risks, particularly US-China tensions, and their effects on trade and technology. The issue of rising income inequality, worsened by the pandemic, is explored, emphasizing the need for targeted fiscal support. Concerns about financial system risks and the importance of maintaining fiscal and monetary support are discussed. The potential impacts of vaccine rollout on economic recovery are considered, along with monetary policy measures in Australia and New Zealand.

How might geopolitical tensions impact global trade and technology?

What role does China's final demand play in the trade relationship with Australia?

What measures have Australia and New Zealand taken in response to the economic challenges posed by the pandemic?