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COVID-19 has caused an economic shock three times worse than the 2008 financial crisis - but the worst is probably behind us, according to Nariman Behravesh.
The global economy is expected to remain uncertain throughout 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.
The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests.
This weekly wrapper brings you the latest stories from the world of economics and finance. Top economy stories: Brexit drives increase in UK food prices; US consumer confidence falls; Concerns about global economic growth continue. 1. Top global economy news stories. Economists at Germany's Deutsche Bank have warned that the US faces a ...
The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests.
These have been consistent since the first report in 2016. But newly emerging this year are skills in self-management such as active learning, resilience, stress tolerance and flexibility. These are the top 10 skills for 2025. Image: World Economic Forum. This year, data from LinkedIn and online learning platform Coursera has allowed the Forum ...
Business leaders are navigating increasing uncertainty, particularly during COVID-19, while also dealing with urgent, long-term megatrends such as sustainability and climate change. By building robust organizations and leveraging these megatrends, they can help their businesses to thrive in times of turmoil and disruption. For example, carefully considering the unfolding impact of ...
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.
Amidst a challenging global scenario, India has emerged as a significant economic and geopolitical power. Its actions in the coming year could lay the groundwork for the country to become the world’s third largest economy in the next five years and a developed nation by 2047, setting an example on inclusive, sustainable economic growth, digital development and climate action.
As two advanced economies slip into recession, economists warn of uncertain times ahead. But what is a recession and how can we tell if one is happening?