Feb 19, 2024 · During the Great Recession of 2008, for example, governments introduced a number of quantitative easing measures, pumping trillions into the global economy in an attempt to resuscitate it. Following this unprecedented level of stimulus, markets began to recover, although lingering scars like higher unemployment and lower average income levels ...

Mar 4, 2015 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests.

Mar 24, 2023 · Whereas a standard recession hits all sectors at approximately the same time, a rolling recession means some industries are contracting as others expand. Sector-by-sector data seems to confirm this, with the S&P Global US Sector Purchasing Managers’ Index - a gauge that tracks output across seven US sectors - showing a mixed picture.

Jan 15, 2025 · The World Economic Forum’s latest Global Risks Report reveals a significant carryover of 2024's key concerns while highlighting some new and notable shifts in risk perception.

Jan 15, 2025 · State-based armed conflict (#3) and Geoeconomic confrontation (#9) are, respectively, at the core of Section 1.3: "Geopolitical recession" and Section 1.4: Supercharged economic tensions, while Section 1.5: Technology and polarization explores the links between Societal polarization (#4), Misinformation and disinformation (#1), algorithmic bias ...

Jan 16, 2023 · Since then, the World Bank has predicted a global recession for 2023, anticipating GDP growth of 1.7%, the slowest pace outside the 2009 and 2020 recessions since 1993. This outlook will provide the backdrop for the Forum's Annual Meeting that is taking place 16-20 January 2023 in Davos, Switzerland .

May 13, 2024 · As these two crises slip slowly into the past, another kind of recession is threatening to upend the global order. At a time when the playbook for international relations, diplomacy and political good manners is being re-written, there are warnings the world is facing what's being called a geopolitical recession.

May 12, 2023 · The World Economic Forum’s latest Chief Economists Outlook finds that economists are divided on the chances of a global recession in 2023. During the Forum's Growth Summit, which took place on 2-3 May 2023, leading economists explored the state of …

Mar 30, 2023 · This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: Banking crisis sparks recession fears; World Bank warns of 'lost decade' of global growth; Generative AI could create productivity boom and lift global GDP by 7%, says Goldman Sachs.

Oct 20, 2020 · “Accelerating automation and the fallout from the COVID-19 recession has deepened existing inequalities across labour markets and reversed gains in employment made since the global financial crisis in 2007-2008. It’s a double disruption scenario that presents another hurdle for workers in this difficult time.