The Eight Headwinds Threatening Global Growth in 2025
As the world enters the second quarter of the twenty-first century, slow economic growth will remain the world’s most persistent challenge, transcending national borders and affecting developed and developing countries alike, suggests Dambisa Moyo in her article for
Project Syndicate. Looking ahead, eight risks to global GDP growth stand out: geopolitical fissures; divisive domestic politics; technological disruption and the rise of artificial intelligence; demographic trends; rising inequality between and within countries; natural-resource scarcities; government debt and loose fiscal policies; and deglobalization. Taken together, these headwinds will be a persistent impediment to economic growth in the coming years. The resulting fiscal pressures will likely deepen polarization and lead to more policy volatility.
https://www.project-syndicate.org
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