Global Economy Far Worse Off Than Previously Thought, IMF Predicts
The International Monetary Fund forecasts that economies hit by COVID-19 are in more trouble than previously forecasted. NPR's Lulu Garcia-Navarro and Jim Zarroli speak with the IMF's Gita Gopinath.
LULU GARCIA-NAVARRO, HOST:
This crisis like no other will have a recovery like no other - that from our next guest, the chief economist of the International Monetary Fund. In the wake of this pandemic, the IMF says the global economic outlook is far worse than previously thought, and recovery will take a lot longer. For those living in poor countries, that will mean greater income inequality, more debt and more poverty. Gita Gopinath is the chief economist for the IMF, and she joins us now.
