A Weak, Uneven Global Recovery
The pace of economic recovery varies significantly between the world’s major economies, with the United States and India growing robustly while China is slowing down. The challenge facing policymakers worldwide is to develop policy frameworks that reduce uncertainty and boost business and consumer confidence.
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ITHACA – A world burdened by geopolitical conflicts, protectionist policies, and persistent inflation is weighing heavily on economic growth. But while the latest update of the Brookings-Financial Times Tracking Indexes for the Global Economic Recovery (TIGER) shows that global growth has plateaued, some countries’ economic rebounds offer glimmers of hope for the year ahead.