OECD Sees Weak, Inflation-Plagued Global Recovery

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.

What is the expected global growth rate for 2023 according to the IMF's model?

• 2.3%

• 4.0%

• 2.7%

• 3.5%

How does the current global growth projection compare to historical rates?

• It is lower than historical rates.

• It is unpredictable compared to historical rates.

• It is the same as historical rates.

• It is higher than historical rates.

What is the projected global growth rate for 2024?

• 2.7%

• 2.5%

• 2.9%

• 3.0%

What is the main reason the current growth projections are not considered a global recession?

• The growth rate is positive, though lower than historical levels.

• The growth rate is unpredictable.

• The growth rate is above 3%.

• The growth rate is negative.

What is the significance of a 3% growth rate in the context of global economic discussions?

• It is considered a strong growth rate.

• It is often associated with a global recession.

• It is the average growth rate.

• It is considered an unpredictable growth rate.