The September 2022 edition of the Chief Economists Outlook launches at a time of significant economic danger. Inflation has surged to levels not seen in a generation and expectations for growth have been pared back in all regions. Real wages and consumer confidence are in freefall, adding further headwinds to growth and even raising the prospect of social unrest. Domestically and globally, we are in uncharted waters. As our latest survey of Chief Economists makes clear, there are painful months ahead, as well as pressing challenges to bolster the medium- and long-term resilience of economies and societies.
This Chief Economists Outlook explores many of the key forces currently driving the global economy and roiling the lives of people and businesses across the world. These include inflation and the cost-of-living crisis, food and energy security, monetary policy, labour market disruption, sovereign and corporate debt dynamics and increasing global fragmentation. The report draws on the collective views and individual perspectives of a group of leading Chief Economists, through the Forum’s Chief Economists Survey and consultations with the Chief Economists Community.
The International Monetary Fund: What does the world’s ‘financial firefighter’ do?
A new government in the UK put forth a fiscal plan last month that included steep tax cuts. The proposal rattled the financial markets and caused the value of the British pound to plummet...
How to prepare for a new economic reality and protect the most vulnerable - experts explain
The latest World Economic Forum Chief Economists Outlook suggests a global recession is "somewhat likely" and the fallout will take its toll on inequality. Just this week, the OECD put ou...
Inflation, recession? What next for the global economy? Three experts dig into the latest Chief Economists Outlook
What’s going on in the global economy? It is a question that the World Economic Forum’s Community of Chief Economists seeks to answer every three months with its Chief Economists Outlook.