The IMF has downgraded its global economic growth forecast but expects a moderate recovery for Ukraine. According to the IMF’s World Economic Outlook (WEO), global economic growth will slow in the coming years. This year, global GDP is projected to grow by only 2.8% and by 3% in 2026. For comparis... #GDPinUkraine #GlobalGDP #imf #IMFforecast #TradeWar #UkraineEconomicForecast #UkraineEconomy #worldeconomy
Analysts compare the size of Ukraine’s shadow economy with those of other countries. Prior to the full-scale war in 2021, Ukraine’s shadow economy was estimated to be around 30% of GDP. Last year, the Ministry of Economy reported that potentially 40% of the economy could take pl... #Ernst&Young #ShadowEconomy #UkraineEconomy #UkraineShadowEconomy #worldeconomy
The growth rate of world trade will double this year: Who will benefit from this? International organizations predict that global trade growth should double this year as inflation eases and the booming US economy boosts activity. As the FT noted, the OECD, IMF, and World Trade Orga... #Eurozone #GlobalTrade #imf #OECD #worldeconomy #WTO
Analysts predict a decline in global trade this year. In its report, the UN Conference on Trade and Development (UNCTAD) said that world trade will decline by 5% in 2023 compared to last year. The organization predicts that world trade will amount to app... #GlobalTrade #UNCTAD #worldeconomy
Due to geopolitical fragmentation, global GDP is likely to decrease by 1% in 5 years. One of the main reasons is tensions between the US and China, which could harm the world economy. Foreign direct investments and capital are increasingly being directed to the united blocks of countri... #GeopoliticalFragmentation #GlobalGDP #worldeconomy
The night is darkest before the dawn: the IMF predicts economic recovery soon. Despite the global economy’s disappointing forecasts for 2023, it will still rebound from its lowest level and begin to grow moderately, said Kristalina Georgieva, managing director of the IMF. Speaki... #imf #KristalinaGeorgieva #worldeconomy
Davos expects a global recession in 2023. Two-thirds of leading private and public sector economists surveyed by the World Economic Forum (WEF) expect a global recession in 2023. The current high inflation, low growth rates, high indebtedness... #GlobalRecession #SaadiaZahidi #worldeconomicforum #worldeconomy
People around the world are losing economic optimism. At the end of 2022, only 40% of the planet’s inhabitants believed that their families would live better in the next five years. This is a 10% decline compared to 2021, according to a survey by t... #EconomicOptimism #Globalinflation #worldeconomy
The IMF has announced factors for changing the world’s economic prospects. Eliminating trade barriers, solving the debt problem, and investing in sustainability can change the prospects of the world economy, said the head of the International Monetary Fund, Kristalina Georgi... #G20Summit #KristalinaGeorgieva #worldeconomy
The World Bank warns about world economic recession. World Bank President David Malpass has warned that a period of low growth and high inflation could drag on for years because of Russia’s invasion of Ukraine, as markets transition and wean off Russian... #DavidMalpass #worldbank #worldeconomy
Losses to the world economy from the war in Ukraine are estimated at $2.8T. According to the WSJ, after Putin announced mobilization and preparations for “referendums” in the occupied territories of Ukraine, the West began to fear that the war will drag on for man... #worldeconomy #WorldEconomyForecast
Global inflation will increase due to Russia’s aggression against Ukraine. The full-scale war launched by Russia against Ukraine has significantly impacted the world economy. The world’s economic growth rate has slowed, and inflationary processes have accelerated. According ... #Globalinflation #worldeconomy
