The global economy will grow 2% by the end of the century if the world can keep global warming below 1.5 ° C, according to a new study. Most models project a period in which the world would exceed that mark for several years or decades, then cool down again to the level of 1.5 […]
Tag: World economy
IMF cuts global growth forecast
The International Monetary Fund IMF is cutting its global growth forecast this year. The director of the IMF, Kristalina Georgiewa, cited increasing risks from inflation, debt and a sharp difference in growth prospects between vaccinated and largely unvaccinated countries. The IMF director said: “Our top priority today is fighting the pandemic, so get vaccinated. This […]