The global economy is at an inflection point. The IMF projects that a third of the world economy will be in recession next year. War in Europe, a slowdown in China and soaring inflation have contributed to widespread pessimism around ...
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Global Economic Outlook 2023
The outlook for the global economy looks very bleak, with weak growth, high inflation and an end to the era of free money. But how bad will growth get and when will inflation start to fall? And beyond the most ...
Read More »We could see ‘bad surprises’ in inflation outlook, IMF’s Gourinchas says
IMF Chief Economist Pierre-Olivier Gourinchas says inflation will be elevated for longer, even as it softens in the second half of the year. But he warns Europe there could be some “bad surprises.”
Read More »Why a 2022 Recession Would Be Unlike Any Other?
Is the U.S. in a recession? Many economists think that’s a possibility and by some measurements, it may have already started. But why aren’t people losing their jobs? Recessions usually come with a dip in economic output and a rise ...
Read More »An online database on labour provisions in trade agreements
The ILO has launched a new global database on labour provisions in trade agreements, paving the way for a more human-centred approach to trade policy.
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