IMF's Gopinath Warns of Downside Global Economy Risks

The video discusses the current economic climate, highlighting a potential turning point. It examines the effects of policy tightening, noting the lag in its impact. The discussion also covers global growth projections, which are expected to be lower than previous years, and the risks associated with high debt levels in vulnerable economies. Despite challenges, the world economy showed resilience last year, but risks remain skewed to the downside.

How did the world economy perform last year according to the speaker?

What factors contribute to the balance of risks being squarely to the downside?