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WEF_Chief_Economists_Outlook_May_2022.pdf
Preview of https://www3.weforum .org/docs/WEF_Chief_ Economists_Outlook_M ay_2022.pdf
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📊 Size: 2.62 MB
📄 Pages: 24 pages
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Summary

The World Economic Forum's Chief Economists Outlook for May 2022 reports high uncertainty due to geopolitical developments, the global economy's trajectory, and economic policy. The war in Ukraine and COVID-19 outbreaks have led to downward revisions in growth prospects and increased inflationary pressures. Oil and gas price shocks, rising food and commodity prices, and concerns over debt sustainability are affecting the global economy. The combined impact of these shocks may drive the global economy into fragmentation, with longer-term consequences for trade, prices, and living standards, and a continued focus on managing crises rather than investing in productivity, social mobility, and sustainability.

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The World Economic Forum's Chief Economists Outlook for May 2022 reports high uncertainty due to geopolitical developments, the global economy's trajectory,...

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  • File Format: PDF
  • File Size: 2.62 MB
  • Pages: 24
  • Language: EN
  • Total Downloads: 79
  • Last Updated: 6 hours ago

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