While conditions may be improving in some quarters, the world economy continues to struggle to jumpstart growth. Global growth remains subdued but its underlying dynamics are changing. Major advanced economies are seeing gradual improvement in activity, while key emerging economies have slowed. Private demand growth continues to recover in the U.S. and the euro area is beginning to emerge from recession. However, growth is slowing in China, India and an increasing number of emerging economies. At the same time, global financial conditions have tightened and market turbulence has hit several emerging markets with important vulnerabilities. Thus, risks—old and new—continue to dominate the outlook and some have become more prominent. Against this backdrop, cross-border spillovers may pose greater risks and new policy challenges are arising. The debate will focus on how policymakers could collaborate globally to better manage the risks and durably boost jobs and growth.

This session will be broadcast on CNNi that afternoon. Audience members should be in their seats no later than 1:15 p.m when the doors will close.

No filming or flash photography during this seminar.

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