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Bookmark or Share- What is a rolling recession? And are we in one right now?Whereas a standard recession hits all sectors at approximately the same time, a rolling recession means some industries are contracting as others expand. Sector-by-sector data seems to confirm this, with the S&P Global US Sector Purchasing Managers’ Index - a gauge that tracks output across seven US sectors - showing a mixed picture.
- Chief economists on what lies ahead for the world in 2023 | World ...The World Economic Forum’s latest Chief Economists Outlook finds that economists are divided on the chances of a global recession in 2023. During the Forum's Growth Summit, which took place on 2-3 May 2023, leading economists explored the state of the global economy.
- What will happen to the global economy in 2024? | World Economic ForumThe 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.
- Chief Economists Say Global Recession Likely In 2023, But Pressures On ...Geneva, Switzerland, 17 January 2023 – A majority of the World Economic Forum’s Community of Chief Economists expect a global recession in 2023, see geopolitical tensions continuing to shape the global economy, and anticipate further monetary tightening in the United States and Europe. These are the key findings of the Chief Economists Outlook, launched today at the World Economic Forum ...
- How to avoid a global recession, according to the head of the IMFIn an interview for the World Economic Forum at Davos, the IMF's Managing Director, Kristalina Georgieva outlined urgent steps to avoid global recession. The IMF projects that the growth of global economy will slow from an estimated 6.1% in 2021 to 3.6% in 2022 and 2023. Striving for peace in Ukraine is paramount.
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