The Heat: IMF and World Bank meeting

The Heat

In the next four years, losses from a potential worldwide recession could equal the equivalent of the German economy.

That’s the prediction of the Managing Director of the International Monetary Fund, Kristalina Georgieva.

The annual IMF and World Bank meetings are underway here in Washington DC.

The meetings bring together central bankers, finance ministers, banking executives, and NGO leaders to take on global economic and financial issues.

CGTN’s Jim Spellman reports. 

To discuss:

  • Yan Liang is Endowed Chair and Professor of Economics at Willamette University.
  • Ryan Patel is a Global Business Executive.
  • Gilson Schwartz is a Professor of Economics at the University of Sao Paulo.
  • John Gong is a professor of Economics at the University of International Business and Economics, in Beijing.

For more: