The Global Business Policy Council’s annual Global Economic Outlook assesses the key characteristics of the global economy and the medium-term outlook in key markets. This year, it explores how the international economic order is under significant stress, reducing near-term growth prospects and heightening uncertainty about the medium-term outlook.
2. Global Economic Outlook 2019-2023: On Thin Ice
Global economic
growth will decelerate
in 2019 and beyond.
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3. All major economies will
experience slowing growth
rates in the coming
years—with India as the
notable exception.
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Global Economic Outlook 2019-2023: On Thin Ice
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Global Economic Outlook 2019-2023: On Thin Ice
Led by India, China, and
other emerging markets,
Asia will continue to be
a bright spot.
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Global Economic Outlook 2019-2023: On Thin Ice
A primary reason for the
weaker growth outlook
is that the international
economic order is on
thin ice.
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Global Economic Outlook 2019-2023: On Thin Ice
Traditional multilateral
institutions are out of
date with the 21st-century
economy—and new
alternatives are
fragmenting global
economic governance.
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Global Economic Outlook 2019-2023: On Thin Ice
World Trade Organization
deficiencies are in the
spotlight due to US
President Donald Trump’s
protectionist rhetoric
and actions.
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Global Economic Outlook 2019-2023: On Thin Ice
The changing nature
of the crises the
International Monetary
Fund faces is raising
questions about whether
it is prepared for its
next challenge.
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The World Bank is facing
mounting pressure to
modernize or risk
irrelevancy as new
players emerge.
Global Economic Outlook 2019-2023: On Thin Ice
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Global Economic Outlook 2019-2023: On Thin Ice
Continued fragmentation
of the international
economic order would
weaken medium-term
economic prospects.
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Global Economic Outlook 2019-2023: On Thin Ice
Business models based
on economies of scale,
integrated value chains,
and the sale of mass-
market products would
be unviable without
global regulatory
coordination.
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Global Economic Outlook 2019-2023: On Thin Ice
Companies will need
to adapt to regional
economic blocs, greater
exchange rate volatility,
and slower economic
development.
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For more information about
the Global Economic Outlook
2019–2023, please visit:
Global Economic Outlook 2019-2023: On Thin Ice
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