IMP update

Read the following IMF update and answer the question:

https://www.imf.org/external/pubs/ft/weo/2015/update/01/

The distribution of risks to global growth is more balanced than in October. The main upside risk is a greater boost from lower oil prices, although there is uncertainty about the persistence of the oil supply shock. Downside risks relate to shifts in sentiment and volatility in global financial markets, especially in emerging market economies, where lower oil prices have introduced external and balance sheet vulnerabilities in oil exporters. Stagnation and low inflation are still concerns in the euro area and in Japan

Questions: In your own words, explain what this IMP update is communicating to the public. What types of global risk is the IMF referring to?

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