{"id":29159,"date":"2024-10-30T07:55:37","date_gmt":"2024-10-30T06:55:37","guid":{"rendered":"https:\/\/phoneenglish.es\/blog\/?p=29159"},"modified":"2024-11-02T07:44:48","modified_gmt":"2024-11-02T06:44:48","slug":"global-growth-is-expected-to-remain-stable-yet-underwhelming","status":"publish","type":"post","link":"https:\/\/phoneenglish.es\/blog\/2024\/10\/global-growth-is-expected-to-remain-stable-yet-underwhelming\/","title":{"rendered":"Global Growth Is Expected to Remain Stable Yet Underwhelming"},"content":{"rendered":"\n

B2 – Upper Intermediate<\/em><\/strong><\/p>\n\n\n\n

The IMF’s recent World Economic Outlook<\/em> indicates that while global growth remains steady, it is underperforming compared to pre-pandemic levels. Key risks include geopolitical tensions, volatility in financial markets, and potential challenges in China\u2019s property sector. These issues are prompting economists to push for structural reforms and a \u201cpolicy pivot\u201d. <\/p>\n\n\n\n

Listen to the audio and\/or read the transcript to know how this policy pivot can sustain economic recovery through targeted fiscal and monetary adjustments. <\/p>\n\n\n\n

https:\/\/www.imf.org\/en\/Publications\/WEO\/Issues\/2024\/10\/22\/world-economic-outlook-october-2024<\/strong><\/a><\/p>\n\n\n\n

Vocabulary Questions:<\/strong><\/p>\n\n\n\n

    \n
  1. Explain “sectoral dynamics”. “As global disinflation continues, services price inflation remains elevated in many regions, pointing to the importance of understanding sectoral dynamics<\/strong> and of calibrating monetary policy accordingly.” <\/em>Use it in a sentence. <\/li>\n\n\n\n
  2. Define “cyclical imbalance<\/strong>“. “With cyclical imbalances<\/strong> in the global economy waning, near-term policy priorities should be carefully calibrated to ensure a smooth landing.”<\/em> Use it in a sentence. <\/li>\n\n\n\n
  3. What does “bolster”<\/strong> mean? “These have been compensated for by upgrades to the forecast for emerging Asia, where surging demand for semiconductors and electronics, driven by significant investments in artificial intelligence, has bolstered<\/strong> growth, a trend supported by substantial public investment in China and India.”<\/em> Give two (2) synonyms or similar expressions and use ‘bolster’ in your own sentence. <\/li>\n<\/ol>\n\n\n\n

    Discussion Questions:<\/strong><\/p>\n\n\n\n

      \n
    1. What are some potential impacts on consumers if financial market volatility increases?<\/li>\n\n\n\n
    2. Why do you think a policy pivot is important for maintaining economic stability right now?<\/li>\n\n\n\n
    3. How might challenges in China\u2019s property market influence other economies around the world?<\/li>\n\n\n\n
    4. How do you think rising geopolitical tensions affect the global economy and international trade?<\/li>\n\n\n\n
    5. Do you agree or disagree with this, “Support for the most vulnerable should be maintained.<\/em>” Share your thoughts.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

      B2 – Upper Intermediate The IMF’s recent World Economic Outlook indicates that while global growth remains steady, it is underperforming compared to pre-pandemic levels. Key risks include geopolitical tensions, volatility in financial markets, and potential challenges in China\u2019s property sector. These issues are prompting economists to push for structural reforms and a \u201cpolicy pivot\u201d. Listen […]<\/p>\n","protected":false},"author":51,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[49,291,125,292,290],"class_list":["post-29159","post","type-post","status-publish","format-standard","hentry","category-homework","tag-audio","tag-b2-upper-intermediate","tag-economy","tag-first-certificate-fce","tag-listening"],"yoast_head":"\nGlobal Growth Is Expected to Remain Stable Yet Underwhelming | phone english blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/phoneenglish.es\/blog\/2024\/10\/global-growth-is-expected-to-remain-stable-yet-underwhelming\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Growth Is Expected to Remain Stable Yet Underwhelming | phone english blog\" \/>\n<meta property=\"og:description\" content=\"B2 – Upper Intermediate The IMF’s recent World Economic Outlook indicates that while global growth remains steady, it is underperforming compared to pre-pandemic levels. 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