World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’
January 11, 2023 Adverse, Bleak, Central Bank, climate change, Climate resilience, COVID-19, Development, development finance, Developments, economic, economic recovery, economic slowdown, Economics, financial, Financial Crisis, Fiscal policy, Forecasts, geopolitical, global recession, growth, Inequality, inflation, institution, interest rate, investment, Monetary Policy, Outlook, poverty, Prospects, Recession, report, sustainable development, Tensions, World Bank 0 Comments
On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, with......