What lies ahead for the global economy? Economists give their views

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Asia is expected to experience the most buoyant economic activity in 2023. Image: Pexels/Pixabay

Ian Shine
Senior Writer, Forum Agenda
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A bar chart showing the global recession outlook for 2023.
Economists are completely divided on the prospects of a worldwide recession in 2023. Image: World Economic Forum
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A bar chart showing expectation for economic growth in different regions of the world.
Economic growth is expected to be strongest in Asia in 2023. Image: World Economic Forum
A map showing where chief economists expect the risk of stagflation.
Europe is seen as having the highest risk of stagflation this year. Image: World Economic Forum.

A bar chart showing expectation for inflation for different regions in the world in 2023.
Expectations of high inflation in the US have almost tripled since January. Image: World Economic Forum


What is the Forum doing to improve the global banking system?

A graphic showing financial sector tremors for 2023.
Banking sector instability has added a ‘layer of complexity’ to inflation dynamics. Image: World Economic Forum.
A graphic showing the impact of high interest rates in 2023-2024.
Property markets could face disruption because of higher interest rates. Image: World Economic Forum.

A graphic showing a new era for industrial policy over the next three years.
Deepening geopolitical tensions are leading to more assertive industrial policies. Image: World Economic Forum.
A graphic showing changing face of globalization in the next three years.
A third of the economist surveyed expect ‘significant changes’ to global supply chains in the next three years. Image: World Economic Forum.
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The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Geo-economicsFinancial and Monetary SystemsEconomic Progress
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