{"id":49923,"date":"2025-09-29T04:15:14","date_gmt":"2025-09-29T04:15:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/49923\/"},"modified":"2025-09-29T04:15:14","modified_gmt":"2025-09-29T04:15:14","slug":"chief-economists-warn-of-weak-growth-amid-economic-shifts","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/49923\/","title":{"rendered":"Chief Economists Warn of Weak Growth Amid Economic Shifts"},"content":{"rendered":"

The global\u00a0economy is entering a period of weak growth and systemic disruption, according to the\u00a0World Economic Forum\u2019s latest\u00a0Chief Economists\u2019 Outlook<\/a>, published today. Some 72% of surveyed chief economists expect the\u00a0global\u00a0economy to weaken over the next year, amid intensifying trade disruption, rising policy uncertainty and accelerating technological change. The findings point to the emergence of a new\u00a0economic\u00a0environment shaped by persistent disruption and growing fragmentation.<\/p>\n

Diverging Pathways in a Fragmented\u00a0Global\u00a0Economy
The\u00a0Outlook\u00a0highlights sharp regional fault lines. Emerging markets are anticipated to be the main engines of growth, with the Middle East and North Africa (MENA), South Asia and East Asia and Pacific seen as bright spots. One in three chief economists expect strong or very strong growth in these regions. The outlook for China is more mixed, with 56% of chief economists anticipating moderate growth, though deflationary pressures are expected to persist. Growth is expected to remain more stagnant in advanced economies. In Europe, 40% expect weak growth with fiscal loosening (74%) and low or moderate inflation (88%). In the United States, most chief economists (52%) anticipate weak or very weak growth and high inflation (59%) as monetary policy is loosened (85%).<\/p>\n

The chief economists warn that advanced and developing economies are on increasingly divergent growth pathways \u2013 56% expect greater divergence over the next three years.<\/p>\n

Towards a New\u00a0Economic\u00a0Environment
Chief economists overwhelmingly agree that today\u2019s disruptions are structural rather than cyclical. Large majorities anticipate long-term disruption in natural resources and energy (78%), technology and innovation (75%), trade and\u00a0global\u00a0value chains (63%) and\u00a0global\u00a0economic\u00a0institutions (63%). This marks an important shift. The\u00a0global\u00a0economy is not so much weathering isolated shocks as realigning, raising the stakes for new forms of leadership, cooperation and resilience.<\/p>\n

\u201cThe contours of a new\u00a0economic\u00a0environment are already taking shape, defined by disruption across trade, technology, resources and institutions,\u201d said Saadia Zahidi, Managing Director,\u00a0World Economic Forum. \u201cLeaders must adapt with urgency and collaboration to turn today\u2019s turbulence into tomorrow\u2019s resilience.\u201d<\/p>\n

Trade Realignment, Fiscal Strain and Debt Risks
Structural shifts in the\u00a0global\u00a0economy are playing out most visibly in trade, fiscal policy and debt. Some 70% of surveyed chief economists rate the current level of trade disruption as \u201cvery high\u201d, far above other domains of the economy, and over three-quarters also expect disruption to trade and\u00a0global\u00a0value chains to cascade into other domains. In financial markets and monetary policy, 45% of surveyed economists rate disruption as high or very high, yet only 21% expect it to last. Even so, while 52% see a major near-term crisis in advanced economies as unlikely, 85% warn that any shock could have wide systemic effects.<\/p>\n

With\u00a0global\u00a0public debt levels mounting, the chief economists surveyed highlight that debt vulnerabilities, once largely associated with emerging economies, are increasingly centred in advanced ones \u2013 80% expect risks in advanced economies to grow in the year ahead. Fiscal vulnerabilities are also more frequently identified among the top growth inhibitors in advanced economies (41%) compared to developing economies (12%).<\/p>\n

About the Chief Economists\u2019 Outlook
The report builds on extensive consultations and surveys with chief economists from the public and private sectors, organized by the\u00a0World Economic Forum\u2019s Centre for the New Economy and Society. The report supports the\u00a0Future of Growth Initiative<\/a>, aiming to foster dialogue and actionable pathways to sustainable and inclusive\u00a0economic\u00a0growth.<\/p>\n

About the Sustainable Development Impact Meetings 2025
The Sustainable Development Impact Meetings 2025 takes place from 22 to 26 September in New York, bringing together over 1,000\u00a0global\u00a0leaders from diverse sectors and geographies. Held ahead of the\u00a0World Economic Forum\u00a0Annual Meeting 2026, these meetings are part of the\u00a0Forum\u2019s year-round work to accelerate progress on the growth, resilience and innovation through multistakeholder dialogues and action.<\/p>\n","protected":false},"excerpt":{"rendered":"The global\u00a0economy is entering a period of weak growth and systemic disruption, according to the\u00a0World Economic Forum\u2019s latest\u00a0Chief…\n","protected":false},"author":2,"featured_media":49924,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-49923","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/49923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=49923"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/49923\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/49924"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=49923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=49923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=49923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}