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The Peterson Institute for International Economics hosted its semiannual Global Economic Prospects session on April 11, 2016. The focus was on assessing prospects for global economic activity, the risks surrounding those prospects, and the implications for economic policy. Senior Fellow Paolo Mauro, an expert on fiscal policy and growth, introduced the main themes and outlined the key sources of risk to the global outlook. Institute President Adam S. Posen presented the forecast for the United States, with a focus on the main factors likely to shape the Federal Reserve’s decisions on the monetary stance during the remainder of the year. Nicholas R. Lardy, the Institute’s Anthony M. Solomon Senior Fellow and author of the widely-acclaimed Markets over Mao, discussed developments and prospects for China’s economic growth, with emphasis on its international competitiveness and its external current and capital account balances. For more information, visit: http://www.piie.com/events/event_detail.cfm?EventID=435