The World Economic Forum (WEF) announced by publishing a report that this organization has published its May 2024 Outlook of Chief Economists.
Publish dateSunday 2 June 2024 - 12:43
That comes with a sharp drop in the share of senior economists who expect global conditions to weaken this year from 56 percent, the WEF report said. In January, it reached 17%.
According to the WEF's monthly report, almost 97% of respondents said that geopolitics will be the source of volatility in the global economy for the rest of 2024.
Top economists are more optimistic about the likely short-term impact of rapid technological advances, with more than two-thirds disapproving of the idea that artificial intelligence (AI) will cause volatility this year.
The survey points to buoyant activity in Asian economies, with all respondents expecting at least moderate growth in South Asia, East Asia and the Pacific.
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Source : news agency wam
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