The prospects for the global economy are a function of convergence. While geopolitics drives economic volatility, societal shifts create uncertainty, and science and technology lead us down divergent paths. The World Economic Forum provided their thoughts in a recent article that looked at global economic prospects.
One of the biggest sources of this volatility will be geopolitics, according to the chief economists surveyed for the World Economic Forum’s latest Chief Economists Outlook. But the situation is also nuanced, the report suggests. More positive shifts appear likely, including drops in inflation and a slowdown in interest rate rises.
Aengus Collins, Kateryna Karunska — Where is the global economy heading in 2024? This is what chief economists think