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IMF President Lagarde said so. Into 2019, various voices of global economic downturn are constantly heard, "2018 is the worst year in the past decade, probably the best year in the next decade" has become a golden phrase on the Internet.
How bad is the global economy? Has a new round of economic crisis emerged? Which country performs best? Which country will be the first to enter recession? On January 21, local time, the International Monetary Fund (IMF) held a press conference in Davos, Switzerland, to release the World Economic Outlook Report for 2019. Four senior IMF officials, including President Lagarde, Chief Economist and Head of Research Department, attended. Fenghuang Finance and Economics Journalist asked questions and interviewed the most authoritative senior officials of international financial institutions to interpret the current economic situation.
How far is it from the global economic crisis?
"What do you like best when skiing? Visual field is clear, there is no uncertainty, the slide is smooth, there is no obstacle on the road. The most important thing is that everyone skis on their own track. At the first press conference of the entire Davos Forum, IMF President Lagarde began. Under the stage sat journalists from all over the world, most of whom had just arrived in the town by boat, and there were plenty of seats on the spot. Maybe in order to make the atmosphere more lively, Lagarde takes skiing as the starting point, and Davos is also a famous skiing resort in Europe. Many celebrities will experience skiing after the forum.
"Now skiing is more laborious and requires more effort." Lagarde likens economic development to skiing. After a relaxed start, she expressed her seriousness that global economic development was slower than expected and that risks were increasing. After lowering the global economic outlook in October last year, the IMF lowered the global economic outlook again. The IMF forecasts that global economic growth will slow to 3.5% and 3.6% in 2019, down 0.2 and 0.1 percentage points from October 2018, respectively.

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