A Wing and a Prayer: World Outlook to 2026

The Conference Board of Canada, 20 pages, August 11, 2022
Impact Paper by
(You must be signed in and entitled to rate this report)

This quarterly examination of the short-term economic outlook for the world’s major economies also contains an in-depth analysis of a number of issues that are relevant for understanding world economic trends and developments.

Document Highlights

  • We have sharply downgraded our outlook for world GDP growth. We now forecast a gain of close to 3.0 per cent this year with a similar increase anticipated in 2023.
  • China’s economic challenges impact the entire global economy as China is a key manufacturing hub that has, until recently, stimulated global demand.
  • Global inflation is expected to expand by more than 6.0 per cent this year, up from a gain of 3.5 per cent in 2021.
  • High inflation has forced the world’s leading central banks to withdraw monetary stimulus far faster than anticipated.
  • Ongoing strength in the U.S. labour market could enable that country’s economy to avoid a serious recession.

Table of Contents

Key Findings
Latin America
Appendix A—Methodology

COVID-19: Get all the insights

To see if you are entitled to get this research for free, take a minute and create a free e-Library account. This will let us determine if someone else at your organization has already purchased access to this material.

Browse by...
Need Help?