Tesco
Lift Growth Today, Tomorrow, Together
Video

Lift Growth Today, Tomorrow, Together

Christine Lagarde
IMF, 2015
Watch the video

Read or listen offline

automatisch generiertes Audio
  • 0.5×
  • 0.75×
  • 1×
  • 1.25×
  • 1.5×
  • 1.75×
1×
automatisch generiertes Audio

Editorial Rating

8

Qualities

  • Comprehensive
  • Analytical
  • Visionary

Recommendation

In an April 2015 speech, Christine Lagarde, managing director of the International Monetary Fund, reported that 2014’s global growth of 3.4% is approximately in line with the 30-year average. Yet such growth may be inadequate to overcome the lasting effects of the Great Recession, especially with youth unemployment rates as high as 50% in some nations. Lagarde’s approach is designed to fuel growth now and in the future, and to promote global cooperation to make such growth sustainable. getAbstract recommends her cogent points to economists, executives and analysts.

Take-Aways

  • Economic recovery has accelerated in the United States and the United Kingdom, while the euro area continues to stabilize with European Central Bank support.
  • Lower commodity prices make it likely that developing and emerging markets will see slower growth in 2015 than in 2014, but individual countries face different prospects.
  • The advanced economies run the risk of low inflation and low growth paired with high debt and joblessness.

About the Speaker

Christine Lagarde is the managing director of the International Monetary Fund.

Comment on this summary or Diskussion beginnen