World Bank Warns of Global Economic Slowdown and Recession Risk | |
The latest analysis from the World Bank Group predicts a sharp slowdown in global economic growth, with an expected growth rate of only 1.7% in 2023. World Bank economists are sounding alarms about the widespread nature of this downturn, which poses a significant risk of pushing the global economy into recession. The deceleration in growth is affecting 95% of advanced economies and nearly 70% of emerging markets and developing economies, potentially leading to increased poverty rates in some regions. | |
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Target State: All States Target City : New York City Last Update : Jan 10, 2025 12:42 AM Number of Views: 3 | Item Owner : focusoutlook Contact Email: Contact Phone: + 1 (315) 6664984 |
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