Davos 2023

Davos 2023: What you need to know about fairer economies

Deep dive

Central banks have been under pressure to bring record high inflation under control and stabalize the future of global economy. Image: Unsplash/Etienne Martin

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  • Chief Economists Outlook: January 2023
Agenda

On the eve of Davos 2023, we ask the experts: Can you cut inflation without causing a recession?

63% of economists expect a global recession in 2023. Image: Chief Economists Outlook

Fatih Birol, Executive Director, International Energy Agency
Ngozi Okonjo-Iweala, Director-General, World Trade Organization

Recession in 2023? That depends on where you are in the world

Ashwini Vaishnaw, Minister of Communications, Minister of Electronics and Information Technology, India
Khalid Al-Falih, Minister of Investment of Saudi Arabia
Kristalina Georgieva, IMF Managing Director

63%

The proportion of Chief Economists predicting a global recession in 2023

7%

Percentage of the global population predicted to live on less than $2.15 a day by 2030

235tn

The number of US dollars of global debt reached in 2021

151

How many years it will take to close the Economic Participation and Opportunity gender gap

1.7%

The World Bank's growth forecast for 2023.

100%

The proportion of Chief Economists expecting weak growth in Europe in 2023.
Where economists expect weak economic growth and high inflation globally. Image: Chief Economists Outlook

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Related topics:
Davos 2023Fairer EconomiesEconomic ProgressGeo-economics
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Global economy during the Annual Meeting 2023A snapshot of the global economy in 2023 The global economy in numbersMust-reads about fairer economies and the Forum’s impactMore on the global economy on AgendaEconomics videos to watchTake our global economy poll
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