Posted by Alumni from WEF
April 27, 2024
The IMF's most recent World Economic Outlook reveals some "confidence in a soft landing for the global economy", which is "growing against a backdrop of better-than-expected economic data in many parts of the world". This suggests an opportunity for leaders to find the bright spots: the rise of intelligent economies; the growing agency of middle powers to forge global cooperation; and the momentum for a new compact for global growth ' among other priorities. But the World Bank finds in its Great Reversal report a widening income gap between the world's wealthiest and poorest countries for the first time this century. It behoves all of us to stop this reversal and work towards meeting the United Nations' Sustainable Development Goals (SDGs). That is why the World Economic Forum is convening a Special Meeting on Global Collaboration, Growth and Energy for Development in Saudi Arabia, to bring together developed and developing markets across industries to find solutions to immediate... learn more