Jack Lew: 'This Is Not a Moment of Crisis' for G-20

Jack Lew: 'This Is Not a Moment of Crisis' for G-20

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses the importance of global economic stability, focusing on the G20's commitment to refrain from competitive devaluation and the need for major economies to stimulate global demand. It highlights the use of fiscal and monetary policies to drive growth and the significance of fair exchange rate policies. The conversation emphasizes the expectations from G20 meetings, the importance of avoiding economic crises, and the role of communication in policy making.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What commitment was discussed regarding competitive devaluation among countries?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do countries like China and Japan plan to stimulate consumer demand?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the structural issues that need to be addressed in various countries?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is it important for countries to avoid targeting exchange rates?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the current economic situation differ from a moment of crisis?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of having face-to-face conversations among counterparts?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What expectations should be set regarding the outcomes of the G20 meetings?

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