Today, the World Economic Forum released its latest Chief Economists Outlook, highlighting a cautiously optimistic but still challenging global economic landscape. 🌍📊 While easing inflation and more flexible monetary policies are signs of stabilization, issues like slow growth, high debt, political volatility, and increasing geopolitical tensions remain significant hurdles. Notably, 91% of surveyed economists point to these tensions as barriers to collaboration—a critical component for sustained recovery. Now, more than ever, coordinated efforts from policymakers and stakeholders are needed to ensure that the recovery process is not derailed by these ongoing pressures. It's time to implement pragmatic solutions that bolster fiscal resilience and foster long-term growth. #EconomicOutlook #Inflation #Collaboration #Geopolitics #FiscalResilience #LongTermGrowth
Today we release our latest World Economic Forum Chief Economists Outlook: while the short-term global #economic outlook is stabilizing, numerous challenges persist. Easing #inflation and looser monetary policies have prompted cautious optimism, but slow growth, debt, political volatility and rising geopolitical tensions continue to pose risks. 91% of the economists surveyed said that efforts to boost #collaboration are hindered by these tensions. Addressing these challenges requires coordinated efforts from policymakers and stakeholders to ensure that economic recovery is not undermined by these pressures. Now is the time for pragmatic solutions that can strengthen both fiscal resilience and long-term growth. Read the full report here: https://lnkd.in/gAVHRvSu #SDIM24