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 was a significant change in the global economic forecast mentioned in the first section?

• No downward revision of forecasts

• An increase in forecast revisions

• A decrease in industrial production

• A focus solely on the US economy

What is a major factor contributing to the uncertainty in US economic forecasts?

• Stable policies

• Undecided policies

• High inflation rates

• Decreasing industrial production

Which of the following is considered an upside risk in the US economic forecast?

• Rapid Fed normalization

• A meaningful infrastructure program

• Decreased market reaction

• Increased protectionism

How has the percentage of global imports affected by protectionism changed since 2008?

• Remained constant at 5%

• Increased from 2% to over 6%

• Decreased from 6% to 2%

• Decreased from 5% to 2%

What is the anticipated trend for trade growth in relation to GDP growth?

• Trade growth will equal GDP growth and then exceed it

• Trade growth will lag behind GDP growth

• Trade growth will remain stagnant

• Trade growth will decline