July’s World Economic Outlook Update from the IMF projects global growth to fall from an estimated 3.5% in 2022 to 3.0% in both 2023 and 2024 (Exhibit 1). The report states, “While the forecast for 2023 is modestly higher than predicted in the April 2023 World Ec...
“Economic conditions outlook during turbulent times, September 2023” is based on the responses of 997 participants to an online survey undertaken from August 31 to September 8, covering the full range of regions, industries, company sizes, functional specialties, and ...
In its World Economic Outlook report released in October 2022, the International Monetary Fund projects global economic growth at 2.7 percent in 2023, down 0.2 percentage points from its July forecast, with the global economy facing significant downside risks. However, with the release of pent-up ...
Many industrialized nations are grappling with aging populations, which often correspond with a decline in working-age adults and a rise in healthcare costs. These issues can cause economic strains, particularly when it means that a smaller proportion of the total population has to bear significant...
Some economists and agencies have raised their predictions for China's economic growth next year and its potential possibility of achieving an increase in its GDP growth rate in 2023. Consumption and the rebounding of travel will have an immediate run-on effect on other countries as well, as ...
According to the African Economic Outlook from the African Development Bank Group, the continent will retain its 2023 ranking as the second fastest-growing region in 2024 and 2025. The rebound in Africa's average growth includes a rise to 3.7 percent in 2024 and 4.3 percent in 2025, exceeding...
In one of the largest ever studies across the accountancy profession, our new annual Global Talent Trends Survey 2023 provides a unique and vital view of how people feel about working in the profession right now. Over 8,000 professional accountants from 148 countries were asked about the concerns...
Senior Economist and Currency Expert Stephen Jonathan joined us on this week’s episode of “See the Futures” to break down some of the major economic issues for the global economy and how they might affect the futures markets in 2024. ...
"Not only is this generation the most racially and ethnically diverse in Western history, but its members are also more aware of systemic racism, gender issues, and economic inequality—and they accordingly lean heavily progressive," according to the report. As a result, the report argues, this...
The key to success is resilience: the ability to navigate through crises, and the capacity to adapt and succeed in the face of constant disruption. PwC’s Global Crisis and Resilience Survey 2023 delves into how organisations are directing their resources, efforts, and investments toward building ...