Surveillance: IMF Boosts World Growth Outlook
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 26 January 2021
⏱️ 28 minutes
🧾️ Download transcript
Summary
Gita Gopinath, IMF Chief Economist, says President Joe Biden’s $1.9 trillion stimulus plan could boost U.S. GDP by 5% over three years. Lawrence Gostin, Georgetown University Professor, says public-private partnerships helped match the challenge that Covid-19 brought to the U.S. and they are the way forward. Tina Fordham, Avonhurst Partner and Head of Global Political Strategy, says we are currently in a volatile period as a result of a global pandemic leading to political disruption and extremism. Chris Hyzy, Merrill and Bank of America Private Bank Chief Investment Officer, sees the "maverick bull market" continuing.
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| 0:00.0 | Join us in Seattle on November 8th for Bloomberg's intelligent automation briefing about transformation in a time of uncertainty. During this special evening event, top business and IT executives will gather to explore ways in which intelligent automation can offset economic |
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| 0:25.7 | Bloomberg Live.com slash automation slash radio. Welcome to the Bloomberg Surveillance Podcast, I'm Tom Keene. |
| 0:33.0 | Daily, we bring you insight. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:43.0 | Daily, we bring you insight from the best in economics, finance, investment, and international relations. |
| 0:49.5 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the |
| 0:56.2 | Bloomberg. |
| 0:57.2 | The IMF out with this outlook, lifting the forecast for the global economy, but it's the story within regions that I think gets a little bit more interesting. |
| 1:06.0 | Downgrading Europe and upgrading the United States. |
| 1:08.8 | Giddagoponath, the IMF Chief Economist, riding the following. |
| 1:11.4 | Much now depends on the outcome of this race between |
| 1:13.7 | a mutating virus and vaccines to end the pandemic and on the ability of policies |
| 1:18.2 | to provide effective support until that happens. Gila I'm pleased to say |
| 1:22.2 | joins us now. |
| 1:23.4 | Gido, thank you for your time this morning. |
| 1:25.0 | I know you're exceptionally busy. |
| 1:26.1 | Let's just start with that breakdown on the regional side. |
| 1:28.7 | What was behind the upgrade for the United States and the downgrade for Europe? |
| 1:32.4 | First, it's a pleasure to join you. for the United States and the downgrade for Europe. |
| 1:33.2 | First, it's a pleasure to join you. |
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