February 28, 2024

The last forecast from the IMF projects 2024 growth of 2.9 per cent — lower than previous years, but not a depression.

Gillian Tett

Each year, the WEF asks 1,500 of its “community” — elite business leaders, academics, politicians and so on — to cite key risks, and then crunches that with Marsh McLennan and Zurich Insurance Group. The latest reading, released before the WEF’s annual meeting in Davos this month, might make even Pollyanna weep.

Apparently Davos groupies have “a predominantly negative outlook for the world over the next two years that is expected to worsen over the next decade”, with 54…