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Cocktail of crises to scar the global economic outlook

Location:

INTERNATIONAL

A global recession now looks as likely as not after the IMF warned that the “worst is yet to come” for the world economy

Latin America migration requires long-term responses

Location:

LATIN AMERICA

Development-focused approaches towards undocumented migration are slow and complex, but offer hope of lasting results

Rising Argentina poverty brings long-term challenges

Location:

ARGENTINA

Urban poverty rose from 40.1% in the first half of 2023 to 41.7% in the second, with indigence up from 9.3% to 11.9%

Geoeconomic fragmentation will reduce long-term growth

Location:

INT

Several studies estimate the global cost of geoeconomic confrontation, which is newly in the top three WEF global risks

Taiwanese society will resist unification with China

Location:

TAIWAN

Polls indicate that fewer Taiwanese residents see joining China as a desirable long-term option

Long-term refugee problems may mould the Middle East

Location:

MIDDLE EAST

Refugees and IDPs who do not return home within six months have a high probability of protracted displacement

Nutrition issues carry long-term cost in Latin America

Location:

LATIN AMERICA

Obesity and malnutrition are rising in the region, as slowing growth sees a rise in poverty

Land misuse will pose long-term security threats

Location:

INTERNATIONAL

Food insecurity, natural disasters, poverty and population displacement could all worsen, exacerbating conflict risks

Long-term shifts to weaken traditional EU left

Location:

EU

Traditional left-wing parties are struggling for electoral success, despite the economic crisis

Cheap oil risks long-term Middle East stability

Location:

MENA

The oil price slump is straining finances across most of the region, raising the potential for instability down the line