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  1. 1 What are the near-term prospects for the global economy? Global growth set to decelerate in 2024 for the third consecutive year, partly owing to tight monetary policy and subdued trade and investment.

  2. 10 hours ago · The near-term outlook for the global economy is looking brighter, according to the latest Chief Economists Outlook. Yet the report found that uncertainty and volatility remain, with domestic and international politics continuing to be a factor. Almost seven in 10 expect global growth to return to 4% in the next five years.

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  4. Jan 9, 2024 · East Asia and Pacific: Growth is expected to decelerate to 4.5% in 2024 and to 4.4% in 2025. For more, see regional overview. Europe and Central Asia: Growth is expected to moderate to 2.4% in 2024 before increasing to 2.7% in 2025. For more, see regional overview.

  5. Feb 20, 2023 · February 20, 2023. The economic headwinds that faced Asia and the Pacific last year have started to fade. Global financial conditions have eased, food and oil prices are down, and China’s economy is rebounding.

  6. Mar 31, 2024 · Growth in China is projected to moderate to 4.5% from 5.2% in 2023, as high debt, a weak property sector, and trade frictions weigh on the economy. Among Pacific Island countries, growth is forecast to slow to 3.6% in 2024 from 5.6% last year as the post-pandemic rebound dissipates.

  7. Jan 22, 2024 · Near-term prospects are diverging, with subdued growth in major economies alongside improving conditions in emerging market and developing economies (EMDEs) with solid fundamentals. Meanwhile, the outlook for EMDEs with pronounced vulnerabilities remains precarious amid elevated debt and financing costs. Downside risks to the outlook predominate.

  8. JUL. July 2023 WORLD ECONOMIC OUTLOOK UPDATE. Near-Term Resilience, Persistent Challenges. Global growth is projected to fall from an estimated 3.5 percent in 2022 to 3.0 percent in both 2023 and 2024.