Sep 25, 2020 · COVID-19 has caused an economic shock three times worse than the 2008 financial crisis. Europe and emerging markets have been hit hard economically, China has escaped a recession. But the worst could be behind us, and a greener economy could emerge after the pandemic, according to the Chief Economist at IHS Markit. Subscribe here.

Dec 11, 2024 · With rapid interest rate rises in recent times to dampen inflation, central banks ran the risk of recessions as growth was stifled. However, across most economies that was avoided - the soft landing. Our May Chief Economists Outlook talked of 'cautious optimism' - a view echoed through much of the rest of 2024.

Jan 15, 2024 · The World Economic Forum’s latest Chief Economists Outlook finds that just over half of chief economists anticipate the global economy to weaken this year. Seven in 10 expect the pace of geoeconomic fragmentation to accelerate in 2024.

Jan 10, 2024 · The World Economic Forum’s Global Risks Report 2024 says the biggest short-term risk stems from misinformation and disinformation. In the longer term, climate-related threats dominate the top 10 risks global populations will face. Two-thirds of global experts anticipate a multipolar or fragmented order to take shape over the next decade.

Jan 15, 2024 · The notable achievements during India’s tenure – the inclusion of the African Union into the G20; the launch of critical multistakeholder partnerships such as the Global Biofuel Alliance and the Global Initiative on Digital Health; the progress on United Nations Sustainable Development Goals (SDGs); the reform of multilateral development banks; and the scaling of …

Jun 3, 2020 · According to the Financial Times, global government debt has already reached its highest level in peacetime. Moreover, unemployment is skyrocketing in many countries: in the US, for example, one in four workers have filed for unemployment since mid-March, with new weekly claims far above historic highs.

May 14, 2024 · The OECD’s chief economist, Clare Lombardelli, told the Financial Times that trade was growing in line with wider economic growth. Slow but steady economic growth at 3.2% for 2024 and 2025 is predicted by the IMF in its World Economic Outlook – with a small uplift for the advanced economies but slightly lower growth in emerging and ...

Dec 21, 2023 · Global debt has already hit a record $307 trillion in 2023, the Institute of International Finance says. This covers borrowing by governments, businesses and households.

Dec 9, 2024 · The 2025 Annual Meeting of the World Economic Forum takes place from 20-24 January in Davos, Switzerland. The meeting convenes under the title Collaboration for the Intelligent Age, accessible to the wider public with livestreamed sessions and an overview of the themes is available on the dedicated event website .

Jan 20, 2025 · Working together to fix our global economic ship so it benefits more people is not a charitable act; it is a wise investment in our common future. Not to oversimplify it, but there are largely two choices for countries and their policy-makers: find ways to achieve global cooperation or risk the damaging effects of fragmentation.