Why the Outlook for Global Economic Growth Remains Fragile in 2020 (World Politics Review)

A man works in a metal workshop in Hangzhou, Zhejiang province, China

Trade disruptions and sluggish investment helped drive global economic growth last year to its lowest level since the Great Recession. Even with the recent cease-fire in the U.S.-China trade war, the World Bank expects only a modest uptick in growth globally in 2020—if trade tensions don’t flare back up and spook investors again. These are among the key conclusions of the Bank’s latest Global Economic Prospects report.

https://www.worldpoliticsreview.com/articles/28482/why-the-2020-economic-forecast-remains-fragile

Kimberly Ann Elliott is a visiting scholar at the George Washington University Institute for International Economic Policy, and a visiting fellow with the Center for Global Development.

 

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