A new report from the World Bank predicts that the global economy will stabilize in 2024, but at a weaker level compared to previous recoveries. The factors contributing to this slower economic growth include inflation, higher interest rates, trade tensions, and geopolitical issues.
The panel of experts discussing this economic outlook includes William Lee, a Chief Economist at the Milken Institute, Yan Liang who specializes in international trade, finance, and economics as a Chair Professor at Willamette University, John Gong who is a Professor at the University of International Business and Economics, and Otaviano Canuto who previously served as Vice President at the World Bank and is now a Senior Fellow with the Policy Center for the New South.
Ayhan Kose, Deputy Chief Economist at the World Bank provides insights on the Global Economic Prospects for 2024. You can learn more by following the discussion on #ExpertAnswers on Twitter. The World Bank also provides updates on the global economic outlook and the decision by the US Federal Reserve regarding interest rates. Stay informed by checking out their weekly round-up on economics stories shared by the World Economic Forum on Twitter.
