Economist and chief economist of the IMF
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Are we living in the Second Cold War? And if so, what can we learn from the last one that might help us through it? Historian and author Niall Ferguson sets out his view of global affairs right now and says why, compared to many times in the past, there is lot to make us optimistic. Gayle Markovitz interviewed Niall Ferguson at the World Economic Forum Annual Meeting 2026 in Davos. Links: The Global Risks Report 2026: https://www.weforum.org/publications/global-risks-report-2026/ Related podcasts: Top global risks in 2026 and how the Davos 'spirit of dialogue' can help us face them: https://www.weforum.org/podcasts/radio-davos/episodes/global-risks-report-2026/ "Everything has changed" - Gita Gopinath on the global economy in 2026: https://www.weforum.org/podcasts/radio-davos/episodes/gita-gopinath-global-economy-2026/ What just happened in Davos?: https://www.weforum.org/podcasts/radio-davos/episodes/davos-2026-what-just-happened/ Chief Economists' Outlook January 2026: reassuring resilience and a 'good' bubble?: https://www.weforum.org/podcasts/radio-davos/episodes/chief-economists-outlook-barclays-christian-keller/ Check out all our podcasts on wef.ch/podcasts: YouTube: - https://www.youtube.com/@wef/podcasts Radio Davos - subscribe: https://pod.link/1504682164 Meet the Leader - subscribe: https://pod.link/1534915560 Agenda Dialogues - subscribe: https://pod.link/1574956552
"Don't be fooled. Everything has changed for the global economy." Tariffs, geopolitics and AI are all impacting our economies in ways we might not yet be feeling, says Harvard economist Gita Gopinath. Speaking at the World Economic Forum's Annual Meeting 2026 in Davos, the former IMF chief economist tells Radio Davos why "the world is in a very different place". Links: Chief Economists' Outlook: January 2026: https://www.weforum.org/publications/chief-economists-outlook-january-2026/ Related Davos 2026 sessions: Can India Become the Third Largest Economy in the World?: https://www.weforum.org/meetings/world-economic-forum-annual-meeting-2026/sessions/can-india-become-the-third-largest-economy-in-the-world/ Are Markets Mispricing the Future?: https://www.weforum.org/meetings/world-economic-forum-annual-meeting-2026/sessions/are-markets-mispricing-the-future/ Global Economic Outlook: https://www.weforum.org/meetings/world-economic-forum-annual-meeting-2026/sessions/global-economic-outlook-af4fed3639/ Related podcasts: What just happened in Davos?: https://www.weforum.org/podcasts/radio-davos/episodes/davos-2026-what-just-happened/ Chief Economists' Outlook January 2026: reassuring resilience and a 'good' bubble?: https://www.weforum.org/podcasts/radio-davos/episodes/chief-economists-outlook-barclays-christian-keller/ Top global risks in 2026 and how the Davos 'spirit of dialogue' can help us face them: https://www.weforum.org/podcasts/radio-davos/episodes/global-risks-report-2026/ IMF's Kristalina Georgieva: What's next for AI, skills and the global economy in 2026: https://www.weforum.org/podcasts/meet-the-leader/episodes/ai-skills-global-economy-imf-kristalina-georgieva/ Check out all our podcasts on wef.ch/podcasts: YouTube: - https://www.youtube.com/@wef/podcasts Radio Davos - subscribe: https://pod.link/1504682164 Meet the Leader - subscribe: https://pod.link/1534915560 Agenda Dialogues - subscribe: https://pod.link/1574956552
Who bore the cost of 2025's sweeping tariffs? UChicago economist Brent Neiman returns to The Pie to discuss his new research with co-author Gita Gopinath examining the effects of last year's tariffs. Neiman reveals a gap between statutory rates and what was actually collected, explains why US importers absorbed the vast majority of costs, and discusses China's dramatic collapse as a US trading partner. He also explores the longer-term implications, including potential retaliation, shifting global alliances, and diplomatic costs that may outlast any short-term revenue gains.
First, we discuss the new set of UGC anti-discrimination rules for Indian universities now paused by the Supreme Court. We speak to The Indian Express' Vidheesha Kuntamalla about what these rules aimed to change, why they've sparked backlash, and what happens next.Next, we discuss a less-talked-about economic risk, public health. The Indian Express' Udit Misra tells us why economists are warning that failing health metrics could derail India's economic ambitions. (11:50)And in the end, we look at the latest updates in the Enforcement Directorate's money laundering probe into the Anil Ambani group, with fresh assets worth ₹1,885 crore attached. (25:50)Hosted by Ichha SharmaProduced and written by Shashank Bhargava and Ichha SharmaEdited and mixed by Suresh Pawar
Every winter, Delhi chokes. Masks become mandatory, air purifiers work overtime, and life somehow goes on. But beyond the health crisis lies an economic catastrophe most people ignore—until now.Gita Gopinath's recent warning at Davos sparked controversy, but the numbers don't lie: pollution is costing India 1.67 million lives and nearly 3% of GDP annually. Meanwhile, China turned its pollution crisis around in just a few years with ruthless accountability.India has the knowledge and technology. What it lacks is political will. And every year of delay continues to put lives at risk and pushes the $5 trillion economy dream away. Host Rachel Varghese explores what exactly is at stake.Tune in.Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
Are the headline growth figures really telling us the full story about the global economy? Gita Gopinath, a former deputy managing director at the IMF and a professor of economics at Harvard University, discusses this question with Martin Wolf, the FT's chief economics commentator. They talk about how AI investments are offsetting the economic drag from tariffs, the risk of another financial crisis and whether the dollar can remain the world's dominant currency. Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.Further reading: Trump is erasing the global economic orderSo you tried to buy a country . . . IMF warns global economic resilience at risk if AI faltersPresented by Soumaya Keynes. Produced by Josh Gabert-Doyon, Alex Bell and Kirsty Loughlin. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
A lot has happened in the global economy since 2019, and few people know that better than Gita Gopinath. As the IMF Chief Economist and subsequently the institution's First Deputy Managing Director, she navigated unprecedented global crises, including the pandemic and the ensuing great lockdown, wars in Ukraine and the Middle East, inflation, and geopolitical fragmentation. Her career as a Professor at Harvard University was put on hold to take on those IMF roles, but now she's back. How will the 2025 version of Professor Gopinath compare to the 2018 version? In this podcast, Gita Gopinath reflects on her experiences at the Fund and what she's taking back with her to Harvard. Transcript: https://bit.ly/4npTyR5
Gita Gopinath, first deputy managing director at the International Monetary Fund, advises governments to “tread carefully” as she discusses increasing debt levels throughout the global economy.See omnystudio.com/listener for privacy information.
En el tercer día del Foro Económico Mundial en Davos, Gita Gopinath del FMI advirtió sobre la baja productividad global y la necesidad de reformas ante una deuda histórica. El impacto de los aranceles, impulsados por EE. UU., preocupa a expertos, quienes prevén mayor fragmentación comercial y alzas en los costos para los consumidores.
How will inflation, conflict and technological change shape economies in the year ahead? The International Monetary Fund's First Deputy Managing Director Gita Gopinath sat down with Meet The Leader at the World Economic Forum‘s Annual Meeting in Davos, Switzerland to share what's next for global growth. She identified the statistics that she found most compelling and the risks and opportunities leaders must prioritize in 2025. She also described the pivot countries will need to make in fiscal policy to tackle historic levels of global public debt (levels that could hit the $100 trillion mark) and how "optimism bias" could stand in the way. This special episode of interview of Meet The Leader was recorded at the World Economic Forum's Annual Meeting in Davos, Switzerland. About the research cited: IMF World Economic Outlook: Find a transcript here:
How will inflation, conflict and technological change shape economies in the year ahead? The International Monetary Fund's First Deputy Managing Director Gita Gopinath sat down with Meet The Leader at the World Economic Forum's Annual Meeting in Davos, Switzerland to share what's next for global growth. She identified the statistics that she found most compelling and the risks and opportunities leaders must prioritize in 2025. She also described the pivot countries will need to make in fiscal policy to tackle historic levels of global public debt (levels that could hit the $100 trillion mark) and how "optimism bias" could stand in the way. This special episode of interview of Meet The Leader was recorded at the World Economic Forum's Annual Meeting in Davos, Switzerland. About the research cited: IMF World Economic Outlook: https://www.imf.org/en/Publications/WEO/Issues/2025/01/17/world-economic-outlook-update-january-2025 Find a transcript here: https://www.weforum.org/podcasts/meet-the-leader/episodes/gita-gopinath-imf-economic-outlook
IMF First Deputy Managing Director Gita Gopinath says that she expects inflation to go down. She also added that the US election will matter for the whole world. Gopinath spoke to Bloomberg's Lisa Abramowicz. See omnystudio.com/listener for privacy information.
Julia is joined by Gustavo Valdes from Mexico City. Jury selection in Hunter Biden's trial on felony gun charges gets underway. Japan is determined to keep hunting whales with its new "mothership." And, The IMF's Gita Gopinath joins the show to talk about the future of AI and its risks. All that and more with Julia Chatterley Learn more about your ad choices. Visit podcastchoices.com/adchoices
The International Monetary Fund now expects China's economy to grow 5% this year, raising its forecast from 4.6% a few weeks ago to reflect a strong expansion at the start of 2024 and additional support from the government.“We certainly are seeing that consumption is recovering but it has some ways to go,” the Fund's First Deputy Managing Director Gita Gopinath said in an interview with Bloomberg's Haslinda Amin. “The strength we're seeing in public investment remains. Private investment is still weak, mainly because of the weakness in the property sector.”See omnystudio.com/listener for privacy information.
La primera subdirectora gerente del Fondo Monetario Internacional [FMI], Gita Gopinath, declaró que desde inicios de 2022, China y sus socios han reducido el uso del dólar en las transacciones comerciales. Asimismo, detalló que la cuota de EEUU en las exportaciones del gigante asiático ha caído alrededor del 4%.
The International Monetary Fund's No. 2 official said further escalation of conflict in the Middle East could provoke a spike in global oil prices. IMF First Deputy Managing Director Gita Gopinath spoke with Bloomberg's Lisa Abramowicz on the sidelines of the IMF Spring Meetings in DC See omnystudio.com/listener for privacy information.
As the world celebrates International Womens Day, we take a look at where we are on the march towards gender equality. How big is the gender gap and what would happen if we closed it? What are some stumbling blocks along this journey? And how can international organizations like the World Bank Group and IMF help achieve more progress? Find out the answers to these questions and more as we speak with Victoire Tomegah Dogbé, Prime Minister of Togo; Gita Gopinath, First Deputy Managing Director, International Monetary Fund; Tea Trumbic, World Bank Manager for the Women, Business and the Law project and Maryse Mbonyumutwa - CEO of Pink Mango and Founder of Asantii as they answer these questions and more on this month's limited series episode of The Development Podcast.Tell us what you think of our podcast here >>>. We would love to hear from you! Featured VoicesGita Gopinath , First Deputy Managing Director, International Monetary Fund Tea Trumbic, World Bank Manager for the Women, Business and the Law project Victoire Tomegah Dogbé, Prime Minister of Togo Maryse Mbonyumutwa, CEO of Pink Mango and Founder of Asantii Timestamps[00:00] Welcome and introduction of the topic[04:35] Making progress on equal opportunity legislation: The case of Togo[06:10] Visions from Rwanda: Women's empowerment and entrepreneurship[10:12] Main insights from the World Bank's Women, Business and the Law report[16:24] IMF: How international institutions are supporting women's rights and inclusionABOUT THE DEVELOPMENT PODCASTThis international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;) Tell us what you think of our podcast here >>>. We would love to hear from you! ABOUT THE WORLD BANKThe World Bank is one of the world's largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.
In Kyiv, the war against Russia's invasion plays out not only through airstrikes and drones, but also through culture. Well before his full-scale invasion, President Putin was clear in his ahistorical belief that Ukraine is a made-up country, rightfully part of greater Russia. Our first guest, Victoria Nuland, was in Kyiv during the Maidan protests in 2013-14, meeting with pro-democracy protesters as well as then-President Yanukovych. This was the first of many such visits since then. It was just last month that the current Under Secretary of State for Political Affairs was in Kyiv for talks and she joins Christiane from Washington to discuss U.S. support for Ukraine. Also on today's show: Sergey Markov, Director, Institute of Political Studies in Moscow / Former MP, United Russia; Oleksiy Goncharenko, Member of the Ukrainian Parliament; Gita Gopinath, First Deputy Managing Director, IMF Learn more about your ad choices. Visit podcastchoices.com/adchoices
Comenzó a medianoche el paro de trenes por 24 horas en todo el país. La número dos del Fondo Monetario Internacional, Gita Gopinath, llegará hoy a Buenos Aires. En enero el consumo masivo cayó un 3,8 %.
Economics is sometimes called the “dismal science.” But the International Monetary Fund (IMF) has a surprisingly positive outlook for the U.S. economy—even if public sentiment hasn't yet caught up. Host Ravi Agrawal discusses the state of the global economy with Gita Gopinath, the IMF's first deputy managing director. The two begin with Gopinath's latest essay in Foreign Policy about trade fragmentation and fears of a new Cold War. Suggested reading: Gita Gopinath: How Policymakers Should Handle a Fragmenting World Adam Posen: America's Zero-Sum Economics Doesn't Add Up Adam Tooze: The IMF is an anchor adrift in a changing world economy And FP is looking for a new producer of this show. If you'd like to work with us, please check out the job description: https://foreignpolicy.com/employment-opportunities/. Learn more about your ad choices. Visit megaphone.fm/adchoices
While tackling inflation, higher interest rates have wider repercussions: slowing down growth, increasing pressure on global markets, creating debt sustainability risks and changing the nature of investment. Will high rates become the new normal and what might a new equilibrium look like? This is the full audio from a session at the World Economic Forum's Annual Meeting 2024 Speakers: Steve Sedgwick, Anchor, CNBC Gita Gopinath, First Deputy Managing Director, International Monetary Fund François Villeroy de Galhau, Governor, Central Bank of France Chuck Robbins, Chair and Chief Executive Officer, Cisco Systems, Inc. This is the full audio from a session at the World Economic Forum's Annual Meeting 2024 Check out all our podcasts on wef.ch/podcasts: YouTube: https://www.youtube.com/@wef Radio Davos - subscribe: https://pod.link/1504682164 Meet the Leader - subscribe: https://pod.link/1534915560 Agenda Dialogues - subscribe: https://pod.link/1574956552 World Economic Forum Book Club Podcast - subscribe: https://pod.link/1599305768 Join the World Economic Forum Podcast Club: https://www.facebook.com/groups/wefpodcastclub
La subdirectora gerente del Fondo Monetario Internacional (FMI), Gita Gopinath, advirtió que la fragmentación de la economía global y los cambios en el comercio podrían desencadenar una "nueva Guerra Fría" en medio del conflicto en Ucrania y las crecientes tensiones entre EEUU y China.
Scale AI CEO Alexandr Wang, IMF First Deputy Managing Director Gita Gopinath and top Post reporters discuss what AI means for national security, the global economy and everyday users of technology. Conversation recorded on Thursday, October 26, 2023.
IMF First Deputy Managing Director Gita Gopinath speaks to Bloomberg's Francine Lacqua at the ECB Forum on Central Banking event in Sintra, Portugal. See omnystudio.com/listener for privacy information.
How stable is the global economic recovery? And is geoeconomic fragmentation a threat? Gita Gopinath, the IMF's First Deputy Managing Director, joins our host Katie Ranger on the ECB Podcast to discuss these and other questions while at the ECB Forum on Central Banking in Sintra, Portugal. Published on 27 June 2023 and recorded on 27 June 2023. Further reading: Three Uncomfortable Truths For Monetary Policy - Remarks by Gita Gopinath at the ECB Forum on Central Banking, 26 June 2023 https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/Gopinath_speech.pdf Three Uncomfortable Truths For Monetary Policy - Presentation by Gita Gopinath at the ECB Forum on Central Banking, 26 June 2023 https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/Gopinath_presentation.pdf IMF's world economic outlook 2023 https://www.imf.org/en/Publications/WEO/Issues/2023/04/11/world-economic-outlook-april-2023 IMF's report on geoeconomic fragmentation and the future of multilateralism https://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2023/01/11/Geo-Economic-Fragmentation-and-the-Future-of-Multilateralism-527266 ECB Forum on Central Banking 2023 – programme https://www.ecb.europa.eu/pub/conferences/html/20230626_ecb_forum_on_central_banking.en.html Link to Gita Gopinath's opening speech, 26th of June: https://youtube.com/live/wbIbpItoOT4?feature=share European Central Bank www.ecb.europa.eu
Stuart Kaiser, Citi Head of US Equity Trading Strategy, says we're seeing some "fatigue" in tech buying. Gita Gopinath, IMF First Deputy Managing Director, says a number of factors could be "muting the effect of monetary policy transmission," and as those effects decline, "we can start seeing more of a slowing in activity." Kit Juckes, Societe Generale Chief FX Strategist, sees weakness ahead for the dollar. Cameron Dawson, NewEdge Wealth CIO, believes in the 60/40 portfolio plus alternatives. David Rubenstein, Carlyle Group Co-Chairman and Co-Founder, discusses his interview with Afsaneh Beschloss, RockCreek Founder & CEO.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.
Volgens het IMF gaat het nog lang duren voordat de inflatie terug is op het oude niveau. Dat heeft Gita Gopinath gezegd, de 'nummer twee' van het IMF, tijdens een bijeenkomst in het Portugese Sintra. Het was slechts één van de in totaal drie benoemde ongemakkelijke waarheden die het IMF voorspiegelde. 'Daar moeten we iets mee', zegt macro-econoom Edin Mujagic. Naast het tijdspad benoemde Gopinath ook de aanpak van de inflatie en de daarbij behorende spanningen. De noodzakelijke verhoging van de rentes kan immers zorgen voor financiële instabiliteit. Daarnaast ging de adjunct-directeur-generaal in op de rol van de centrale banken. Die zullen waarschijnlijk gedurende een langere periode een hoge inflatie moeten tolereren. 'Drie ongemakkelijke waarheden', zegt Mujagic. IMF-econoom Gita Gopinath. Volgens het IMF gaat het nog lang duren voordat de inflatie terug is op het oude niveau. Het was slechts één van de in totaal drie benoemde ongemakkelijke waarheden die het IMF voorspiegelde. (ANP / Associated Press)Centrale banken verhogen rentes Maar het verhaal dat Gopinath vertelt is niet geheel nieuw. Zowel de ECB als de Fed hebben de afgelopen tijd meerdere keren aangegeven dat ze de rente moeten verhogen. En ook de Bank of England besloot vorige week om de rente opnieuw te verhogen. 'Daar moeten wij iets mee doen', zegt Mujagic. Lees ook | ECB verhoogt rente in juli Die boodschap kwam nagenoeg simultaan met het IMF-betoog van de topman van de Bank voor de Internationale Betalingen, de Mexicaan Agustín Carstens. 'Hij zei dat inflatie weliswaar een gevolg is van de oorlog in Oekraïne, maar dat de steun vanuit de overheden en de aarzelingen bij de centrale banken hier ook een rol spelen. Die moeten hier iets aan doen', zegt Mujagic. Daarom denkt de macro-econoom dat er ruimte is voor een vierde ongemakkelijke waarheid. 'Centrale banken verhogen de rentes om de inflatie aan te pakken. Dat remt de economische groei en dat is pijnlijk voor mensen. Overheden gaan die pijn echter compenseren en dan belanden we in een vicieuze cirkel die niets oplost.' Daarom denkt Mujagic dat overheden moeten stoppen met compenseren en dat de centrale banken moeten doorgaan met het verhogen van de rente. Lees ook | 'Overheid moet stoppen met stimuleren' Het is een ongemakkelijke maar waarheidsgetrouwe conclusie, denkt Mujagic. Gopinath zei overigens wel het vertrouwen te hebben dat de centrale bankiers deze taak met succes kunnen uitvoeren. 'Ondanks alle mooie woorden, gelooft men nog steeds in sprookjes.' See omnystudio.com/listener for privacy information.
David Malpass, World Bank President, says the developing world is under "giant pressure" from debt. Gita Gopinath, IMF First Deputy Managing Director, says the balance of risks facing the world economy remain tilted to the downside. Paolo Gentiloni, EU Commissioner for Economy, says Europe is on track to rebalance China trade. Tobias Adrian, IMF Director of Monetary and Capital Markets, says there's certainly evidence in the data of some contraction in lending. Raghuram Rajan, Chicago Booth Professor of Finance, Former IMF Chief Economist & Former Reserve Bank of India Governor, says longer-term growth "doesn't look good." See omnystudio.com/listener for privacy information.
“My fear is that we are sleepwalking into this world. But hey, here is Davos! Wake up! Do the right thing!” That's the rallying cry of Kristalina Georgieva, managing director of the International Monetary Fund, imploring the global elite at this week's World Economic Forum to be vigilant as an almost unrivaled list of perils weighs on the world's leaders. Recession looks set to sweep across the globe, nations are leaning more heavily on coal amid tight energy supplies and the cost of servicing debt is soaring. Getting things wrong, Georgieva says, means dragging the “world into a place where we'll be all poorer and we would be less secure.” In this week's episode of the Stephanomics podcast, host Stephanie Flanders chats with a star-studded list of international economists, finance ministers and corporate chieftains from Davos, Switzerland. Gita Gopinath, first deputy managing director of the IMF, explains why finance ministers and central bankers are caught in an almost impossible dilemma: High inflation requires central bankers to raise interest rates to cool the economy, even as governments spend more to help consumers hurting from soaring energy and food costs. Longer term, real interest rates may stay high unless countries can get more targeted with their relief programs, instead of spreading assistance universally, argues Raghuram Rajan, a finance professor at the University of Chicago and former governor of the Reserve Bank of India. The US overspent during the pandemic, partly because “every constituency got a share of the spending simply because they couldn't make choices,” Rajan says. Next, Flanders has a decidedly more upbeat chat with Nandan Nilekani, chairman of Indian tech giant Infosys Ltd. With news that China's population has declined for the first time in decades, India is set to become the world's most populous country. What's more, Nilekani sees the country benefiting from manufacturers seeking an alternative to China, spooked by the latter nation's repeated factory shutdowns amid its Covid-zero policy. Per capita incomes may grow from $3,000 now to $15,000 in the next 25 years, and “that's much more than a middle-income country,” Nilekani says. Finally, Nela Richardson, chief economist at US-based payroll and business outsourcing firm Automatic Data Processing Inc., says real wages have declined across the world recently, even if nominal wage gains have created a myth that workers are “in the driver's seat.” Businesses would benefit from paying workers a living wage, which despite the apparent expense actually results in better productivity and lowers costs, Richardson tells Flanders. “Will inflation moderate enough and wages stay solid enough that workers actually benefit from lower inflation? We don't know that yet,” Richardson says.See omnystudio.com/listener for privacy information.
With inflation soaring and real wages falling, an expert panel asks: Have we seen the worst of inflation? Will the cost of living crisis get worse before it better? What role will productivity play? And do policy-makers need a new toolkit to tackle this challenge? Learn more from this panel held at the World Economic Forum 2023 Annual Meeting 17 January with top economic minds including: Christian Lindner, Federal Minister of Finance for Germany; Gita Gopinath, First Deputy Managing Director, International Monetary Fund; Alan Jope, Chief Executive Officer, Unilever; and Laura Tyson, distinguished professor, Graduate School of Berkeley. SubscribeSubscribe on any platform: https://pod.link/1574956552 Join the World Economic Forum Podcast Club Follow all the action from the World Economic Forum's Annual Meeting 2023 at wef.ch/wef23 and across social media using the hashtag #WEF23.
Experts ask: Have we seen the worst of inflation? Will the cost of living crisis get worse before it better? What role will productivity play? And do policy-makers need a new toolkit to tackle this challenge? Learn more from this panel held at the World Economic Forum 2023 Annual Meeting 17 January with top economic minds including: Christian Lindner, Federal Minister of Finance for Germany; Gita Gopinath, First Deputy Managing Director, International Monetary Fund; Alan Jope, Chief Executive Officer, Unilever; and Laura Tyson, distinguished professor, Graduate School of Berkeley. Subscribe Subscribe on any platform: https://pod.link/1574956552 Join the World Economic Forum Podcast Club Follow all the action from the World Economic Forum's Annual Meeting 2023 at wef.ch/wef23 and across social media using the hashtag #WEF23. Hosted on Acast. See acast.com/privacy for more information.
Buckle up. Global financial leaders warn that the current era of expensive money is likely to stick around for at least another year, and maybe longer. Easing up on interest rates now would only embed high inflation in people's assumptions, and "that's where it becomes very long-lasting," says former UBS Group AG Chairman Axel Weber. In this special edition from the Bloomberg New Economy Forum in Singapore, three experts in banking and monetary policy share with host Stephanie Flanders why central bankers will be battling inflation in the short term as well as the long. In the US, there's little doubt the Federal Reserve will bump up interest rates again this year, says Gita Gopinath, first deputy managing director of the International Monetary Fund. "For 2023, the question is more about how long are you going to keep these rates at the levels that they've moved them to. And we see a need to keep it at over 4% for all of 2023 to be able to bring inflation down durably,'' Gopinath said. Globally, changes in the supply chain and the transition to a greener economy will drive up energy costs and could lead to structurally higher inflation, said Davide Serra, chief executive of asset manager Algebris Investments. As usual, the poorest are most in jeopardy. Already, about 60% of low-income countries are in high-debt distress, Gopinath said, and while a systemic debt crisis has yet to materialize, she warns these are "very risky times."See omnystudio.com/listener for privacy information.
En el pod-newsletter de hoy: 1. Gita Gopinath. 2. Rishi. 3. Xi Jinping. 4. Índices chinos. 5. Gas Natural. 🔎 ✍️: Los acuerdos del Plaza. Puedes leer el podcast, consultar los enlaces de las noticias comentadas y suscribirte a la newsletter en este link: https://nofinancieros.substack.com/p/los-acuerdos-del-plaza Otros enlaces de escucha en: https://finpickstonks.carrd.co/ Más en: https://nofinancieros.com/ ¿Te ha molado el podcast? Invítate a algo, ¿no? ;) https://ko-fi.com/nofinancieros
Gita Gopinath, IMF First Deputy Managing Director, says nations are in for a “rocky ride” as they adjust to dollar strength. Raghuram Rajan, Former Central Bank of India Governor, says larger emerging market countries have become more prepared for a crisis by building up their FX reserves. Stephen Stanley, Amherst Pierpont Chief Economist, says a Fed pivot is not in the cards right now. Eric Freedman, US Bank Asset Management Chief Investment Officer, thinks it makes sense to dip into the front end of the treasury curve. See omnystudio.com/listener for privacy information.
While international financial institutions work with policymakers to help countries navigate their way through the myriad of disruptions in the global economy of late, the private sector plays a critical role in catalyzing investment that will help bring long-term solutions. In this podcast, Alphabet and Google Chief Financial Officer Ruth Porat and IMF First Deputy Managing Director Gita Gopinath discuss the growing number of challenges facing the global economy and the opportunities where the private sector can help. Transcript: https://bit.ly/39X0g0S
On the final day of the Meeting, Peter Prengaman, climate and environmental news director at the Associated Press, gives us his impressions of his first Davos. We hear the IMF's Gita Gopinath and others on the prospects for global growth; we find out what schoolgirls in a refugee camp in Kenya want to hear from leaders at Davos; and hear acclaimed musicians Yo-Yo Ma and Emanuel Ax at the Davos concert ‘Our Shared Humanity'.
On the final day of the Meeting, Peter Prengaman, climate and environmental news director at the Associated Press, gives us his impressions of his first Davos. We hear the IMF's Gita Gopinath and others on the prospects for global growth; we find out what schoolgirls in a refugee camp in Kenya want to hear from leaders at Davos; and hear acclaimed musicians Yo-Yo Ma and Emanuel Ax at the Davos concert ‘Our Shared Humanity'.
The recovery from the COVID-19 crisis has been deeply uneven within and between countries, depending on their access to fiscal resources and vaccines. Food, fuel and resource crises now risk further derailing an equitable recovery. How can a broader set of foundations for growth ensure long-term economic prosperity and a return to international convergence? This is the full audio from a panel discussion at Davos 2022 with Tom Keene, Managing Editor, Bloomberg Television & Radio; Jim Hagemann Snabe, Chairman, Siemens AG; Mariana Mazzucato, Professor, University College London (UCL); Gita Gopinath, First Deputy Managing Director, International Monetary Fund.
The recovery from the COVID-19 crisis has been deeply uneven within and between countries, depending on their access to fiscal resources and vaccines. Food, fuel and resource crises now risk further derailing an equitable recovery. How can a broader set of foundations for growth ensure long-term economic prosperity and a return to international convergence? This is the full audio from a panel discussion at Davos 2022 with Tom Keene, Managing Editor, Bloomberg Television & Radio; Jim Hagemann Snabe, Chairman, Siemens AG; Mariana Mazzucato, Professor, University College London (UCL); Gita Gopinath, First Deputy Managing Director, International Monetary Fund. Hosted on Acast. See acast.com/privacy for more information.
John Williams, Federal Reserve Bank of New York President, says including hikes in increments of a half-percentage point is a “reasonable option” for the Fed. Kristalina Georgieva, IMF Managing Director, says the war in Ukraine is threatening the world order. Gita Gopinath, IMF First Deputy Managing Director, expects to see inflation easing toward 3% in the second half of the year. Angela Stent, Brookings Non-Resident Senior Fellow and Dan Yergin, S&P Global Vice Chairman, discuss their outlook for the war in Ukraine. Adam Posen, Peterson Institute President & Former BOE Monetary Policy Committee Member, says inflation is probably peaking in the U.S. See omnystudio.com/listener for privacy information.
The last two years have proven a test for the global financial system, and the nature of the crises is getting more complex by the day. In this podcast, Foreign Policy magazine's Ravi Agrawal asks the IMF's two top leaders how governments should respond to the growing number of challenges facing the global economy. Transcript: https://bit.ly/382IPKX Watch the webcast at https://foreignpolicy.com/events/
What impact will the war in Ukraine have on the world economy and globalisation? Will it reshape the existing economic order built over decades? Host Rachana Shanbhogue asks Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund. And how will geopolitics, further disruptions to supply chains and an upswing in covid cases affect China's economy? The Economist's China economics editor, Simon Cox, and China business and finance editor, Don Weinland, assess whether China's determination to follow a zero-covid policy will hamper its prospects.Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer See acast.com/privacy for privacy and opt-out information.
What impact will the war in Ukraine have on the world economy and globalisation? Will it reshape the existing economic order built over decades? Host Rachana Shanbhogue asks Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund. And how will geopolitics, further disruptions to supply chains and an upswing in covid cases affect China's economy? The Economist's China economics editor, Simon Cox, and China business and finance editor, Don Weinland, assess whether China's determination to follow a zero-covid policy will hamper its prospects.Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer See acast.com/privacy for privacy and opt-out information.
Russia's invasion of Ukraine has sparked a massive humanitarian and economic crisis. Gita Gopinath, First Deputy Managing Director of the International Monetary Fund, tells FRANCE 24 the war will also have "lasting consequences on the global economy". Also in the show: how should the current energy crisis be compared to the 1973 oil shock?
Raphael Bostic, Federal Reserve Bank of Atlanta President, says the Fed should be trying to get policies back into a more normal situation. Patrick Harker, Federal Reserve Bank of Philadelphia President, says the Fed should finished tapering before considering a rate hike. Robert Kaplan, Federal Reserve Bank of Dallas President, wants to start tapering soon and continue gradually over the next eight months. James Bullard, Federal Reserve Bank of St. Louis President, expects the job market to be in "great shape" in early 2022. Gita Gopinath, IMF Chief Economist & Director of Research, says Federal Reserve Chairman Jerome Powell has been doing a great job in very difficult times. Mark Kimmitt, Retired Brigadier General, Former Assistant Secretary of State for Political-Military Affairs and Former Deputy Assistant Secretary of Defense for Middle East Affairs, says we must tighten up our security in Afghanistan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
https://www.business-standard.com/about/who-is-gita-gopinath https://scholar.harvard.edu/gopinath/publications/banking-trade-and-making-dominant-currency https://scholar.harvard.edu/gopinath/publications/cash-and-economy-evidence-india%E2%80%99s-demonetization https://scholar.harvard.edu/gopinath/publications/tariff-passthrough-border-and-store-evidence-us-trade-policy
Gita Gopinath discusses the US dollar's status as the world's reserve currency, and the importance of a multilateral approach to global issues. Sources can be found at: ubs.com/WIE. Hosted on Acast. See acast.com/privacy for more information.
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. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Markets Rebound, Nestle Aims To Sell Waters Business & Airlines Fly Higher | Daily Financial News Summary for Friday, June 12, 2020 Major indexes made a rebound Friday, following a poor trading session on Thursday. The Dow Jones rose by 1.90, the S&P 500 by 1.31%, and the NASDAQ by 1.01%. Despite the gains today, all three indexes have posted their first weekly loss in a month. Oil fell again, for the second day in a row. West Texas Intermediate fell by 0.2%, settling at $36.26 per barrel. This is the first time that West Texas Intermediate has ended in a loss in the past seven weeks. Gita Gopinath of International Monetary Fund spoke in a video released Friday about the state of the economy and how its recovery has been slower than expected. She used the words “significant scarring” to describe the economy's current state. IMF is expected to release an updated global growth projection on June 24. This is to follow April's projections of a 3% global contraction. A possible second wave of the coronavirus has hit certain areas in the United States. Texas saw an increase of over 2,500 new cases within a single day yesterday. Arizona, Utah, and New Mexico have all seen a 40% increase in new cases recently. Arkansas, Florida, North Carolina and South Carolina all experienced an over 30% increase in cases last week. Officials in Texas discussed the idea of reinstating the stay-at-home order. Naeem Aslam from AvaTrade spoke about Friday's rebound: “I suspect the bounce is a dead cat bounce because the sentiment is further dented by the fresh comments by the chief economist of the IMF who said that the world economy is growing much slower than the anticipation and the scars of the coronavirus pandemic may linger for much longer.” Consumer sentiment rose in June, for another month in a row. In May, consumer sentiment was at 72.3. This increased to 78.9 in June, above the estimate of 75. This was the largest margin of increase since 2016. This is an indication that consumers are becoming more confident with the condition and future expectations for the economy. Said Richard Curtin of the University of Michigan's Survey of Consumers: “The turnaround is largely due to renewed gains in employment, with more consumers expecting declines in the jobless rate than at any other time in the long history of the Michigan surveys.” Nestle announced its plan to sell most of its Nestle Waters business in North America within the next 6-8 months according to inside sources, with the exception of its international brands like San Pellegrino and Perrier. This would include its regional spring water brands, including Poland Spring, Deer Park, and Ice Mountain. It also would include its purified water business and beverage delivery service. Its direct-to-consumer and office beverage delivery service brands include ReadyRefresh by Nestle and the Nestle Pure Life brand would also likely be a part of the final sale. READ MORE: https://callputstrike.com/2020/06/12/markets-rebound-nestle-aims-to-sell-waters-business-airlines-fly-higher-daily-financial-news-summary-for-friday-june-12-2020/ The Reality of Winning Prizes on Game Shows Thousands of Americans watch game shows every single day. It can be exciting to answer questions along with the contestants and imaging winning the grand prize. However, it is important to remember that winning prizes on a game show isn't all that it's cracked up to be. READ MORE: https://callputstrike.com/2020/06/12/the-reality-of-winning-prizes-on-game-shows/ --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/callputstrike/message Support this podcast: https://anchor.fm/callputstrike/support