IMF’s Lipton Says Global Recovery 'Gaining Some Momentum'

The video discusses global economic growth, highlighting a broad recovery in industrial production across various regions. It examines the US economic forecast, noting uncertainties due to undecided policies and potential impacts of tax cuts and Fed normalization. The discussion also covers risks, including protectionism, which has seen a rise in measures affecting global imports. The importance of avoiding trade impediments to support recovery is emphasized, with a call for cooperative re-examination of trade agreements like NAFTA.

What is the significance of the G20's call to avoid protectionism?

Discuss the impact of protectionism on global trade as mentioned in the text.