The International Monetary Fund projects a significant contraction in all parts of the world as a result of the Covid-19 crisis. Lockdown measures and uncertainty about the return to work, as well as what a ‘new normal’ would look like, are having a serious impact on how to forecast future growth. Gian Maria Milesi-Ferretti, deputy director in the IMF’s research department, discusses the baseline scenario in the World Economic Outlook, and the potential ways forward for the global economy in 2020-21.
Download the presentation slides referenced:
https://www.omfif.org/wp-content/uploads/2020/05/WEO-PPT-May-8_2020.pdf
Music: https://www.bensound.com/royalty-free-music
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