5 major risks confronting the global economy in 2024 | Brookings thumbnail
5 major risks confronting the global economy in 2024 | Brookings
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inflationary effects. surging inflation and the biggest interest-rate surge in 40 years The World Bank’s latest “Global Economic Prospects” report predicts that global growth will slow to 2.4% in 2024 before edging up to 2.7% in 2025 (Figure 1.A). In fact, the first half of the 2020s is already prov
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  • inflationary effects.
  • surging inflation
  • and the biggest interest-rate surge in 40 years
  • The World Bank’s latest “Global Economic Prospects” report predicts that global growth will slow to 2.4% in 2024 before edging up to 2.7% in 2025 (Figure 1.A).
  • In fact, the first half of the 2020s is already proving to be the weakest half-decade of growth the global economy has registered in at least 30 years (Figure 1.B).

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