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Bookmark or Share- What is a recession and how to tell if one is happeningDuring the Great Recession of 2008, for example, governments introduced a number of quantitative easing measures, pumping trillions into the global economy in an attempt to resuscitate it. Following this unprecedented level of stimulus, markets began to recover, although lingering scars like higher unemployment and lower average income levels ...
- 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 ...
- An economist explains what COVID-19 has done to the economyNariman Behravesh: It has certainly plunged the world economy into a very deep but mercifully a short recession. Everybody's been hurt. Everybody's been hurt. I don't think anybody's really been spared by this – it’s a combination of fear, uncertainty and the reaction to the lockdowns.
- 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.
- Recession and Automation Changes Our Future of Work, But There are Jobs ...“Accelerating automation and the fallout from the COVID-19 recession has deepened existing inequalities across labour markets and reversed gains in employment made since the global financial crisis in 2007-2008. It’s a double disruption scenario that presents another hurdle for workers in this difficult time.
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