According to the text, what would be the consequence of not taking action regarding global growth?
OECD Sees Weak, Inflation-Plagued Global Recovery
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The video discusses the OECD and IMF's projections for global economic growth, which are expected to moderate to 2.7% in 2023 and slightly increase to 2.9% in 2024. These figures are historically low, but do not indicate a global recession. The discussion clarifies that while growth is lower than in the past, it does not equate to a recession.
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3 mins • 1 pt
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How does the speaker differentiate between the projected growth and a global recession?
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