VOICED : Crecimiento mundial se desacelera cada vez más y esto podría durar, advierte el Banco Mundial

VOICED : Crecimiento mundial se desacelera cada vez más y esto podría durar, advierte el Banco Mundial

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Business

10th Grade - University

Hard

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The World Bank has significantly lowered its global growth forecast for 2022 due to the ongoing war in Ukraine, now predicting a 2.9% increase in global GDP compared to the 4.1% forecasted earlier. The institution warns of prolonged high inflation and economic stagnation, particularly affecting low and middle-income countries. After a strong recovery in 2021, growth in Latin America and the Caribbean is expected to slow to 2.5% in 2022. The war in Ukraine is severely impacting global activity, investment, and trade in the short term. Experts advise against using price controls or export restrictions to combat inflation, instead recommending policy changes in fiscal, monetary, climate, and debt areas to address capital misallocation and inequality.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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