Global economic growth to be below par next year : Christine Lagarde
Q. Global economic growth will be below par next year according to IMF MD. Who is she?- Published on 31 Dec 15
a. Christine Lagarde
b. Janet Yellan
c. Angela Merkel
d. None of the above
ANSWER: Christine Lagarde
Global economic growth will be disappointing within the year, according to head of IMF MD Christine Lagarde who said the prospect of rising interest rates in the US and economic slowdown in China would lead to economic vulnerability worldwide. Additionally, growth in global trade has lowered considerable and decline in raw materials is an issue for economies linked to these. Moreover, financial risks are rising in the emerging markets. Start of normalisation of the US monetary policy and shift towards consumption led growth were needed to be carried out smoothly.