CLEAN : IMF raises global growth forecasts, US tax cuts provide boost

CLEAN : IMF raises global growth forecasts, US tax cuts provide boost

Assessment

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10th Grade - University

Hard

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Christine Lagarde discusses the acceleration of global growth since 2016, highlighting the positive trends expected to continue through 2018 and 2019. However, she warns against complacency, noting that many people are still excluded from the recovery. The growth is largely cyclical, and without ongoing reforms, issues like low productivity and an aging population will continue to impact medium-term prospects.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker mean by a 'cyclical recovery'?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the fundamental forces that could weigh on future growth?

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