69% of economic leaders from public and private companies expect global growth to return to rates close to 4% in the next five years, indicated a survey published this Wednesday by the World Economic Forum (WEF for its acronym in English).
The organizing institution of the Davos Forum, one of the main annual meetings of global political and economic leaders, indicated that part of this expected growth could be driven by technological advances that include artificial intelligence, in addition to the energy transition and ecological.
However, while these factors could contribute to economic growth in more developed countries, “There are more divided opinions regarding the impact of these changes on less developed economies”WEF stressed in a statement.
Among the factors that, on the contrary, could have negative effects on the global economy in the long term, the leaders surveyed highlight geopolitical tensions, debt levels, climate change and ““social polarization”with possible effects in both developed and developing countries.
In the short term, a 82% of those surveyed expect the economy to improve or at least remain at levels similar to those of 2023 in 2024, a percentage that doubles that of the previous survey carried out at the end of last year, which according to WEF shows a “cautious optimism” in global perspectives.
However, a 97% of those surveyed considered that geopolitical factors in a world shaken by serious conflicts will be a possible factor of volatility in the global economy, and a 83% It also points to the internal politics of countries, in a year where more than half of the planet’s population is called to the polls.
By region, optimism is much greater in the United States, where a 97% of those surveyed expect moderate or high economic growth, which in Europe, where the percentage falls to 31% and it is the lowest globally.
Between the two are regions such as Latin America, where the percentage of economists who expect high or moderate growth is 76%or Middle East (67%)while in China a 79% of those consulted join that optimism.
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Source: Gestion
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