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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

Myanmar Rohingya crisis will cause global controversy

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MYANMAR

A flare-up of violence in Myanmar has triggered mass refugee flows and sparked regional and global concern

Emerging cities to shape the future of global business

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INTERNATIONAL

Specific hub cities will dominate business in emerging markets, though the strengths and opportunities they offer differ

World growth over 3% in 2020 rests on emerging markets

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INT

Around 60% of 2019 global GDP is set to come from emerging markets, and as much as 66% by 2024, but many are fragile

Weak long-run growth raises risks to the world economy

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INTERNATIONAL

Global GDP will grow by less this decade than the past unless there is a surprise uptick in productivity

Insufficient infrastructure risks dampening global GDP

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INT

The world needs to spend almost 100 trillion dollars on infrastructure by 2040, equivalent to five times US GDP

The job dislocation of COVID-19 will reduce global GDP

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INTERNATIONAL

The more jobs that are lost worldwide this year, the more disjointed the economic recovery will initially be

COVID-19 will drive record Latin America recession

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LATIN AMERICA

Latin America is now the global hotspot for the pandemic, with over 2mn cases and 100,000 deaths

Global gap will widen between aid needed and funded

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INTERNATIONAL

Aid budgets are being cut and priorities are shifting from humanitarian aid when it is needed more than ever

Global monetary policy divergence will be key in 2016

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INTERNATIONAL

The Fed has just hiked rates for the first time in nine years, while both the ECB and the BoJ have eased policy further