WATCH : Global Stage @ the UN: Reimagining Tomorrow: Breakthroughs in Data and AI
Scroll to the top

{{ subpage.title }}

World faces "lost decade" of economic growth, says World Bank economist
World faces "lost decade" of economic growth, says World Bank economist | GZERO Media

World faces "lost decade" of economic growth, says World Bank economist

The World Bank predicts that the global economy now faces a decade of lost growth, in part due to an older workforce and lower productivity. Is the way out of the looming doldrums to have a young population like Nigeria?

Yes, but those countries will need help from wealthy nations to invest in things like education to reap the benefits of their demographic divided, World Bank deputy chief economist Ayhan Kose tells GZERO's Tony Maciulis at the World Bank/IMF spring meetings in Washington, DC.

Read moreShow less
Is the world on the brink of another global recession?
Is the World on the Brink of Another Global Recession? | Ayhan Kose | Global Stage | GZERO Media

Is the world on the brink of another global recession?

The global economy's 2023 outlook is ... bleak. Why? Ayhan Kose, the World Bank’s chief economist for Equitable Growth, Finance, and Institutions, says that unlike the 2009 and 2020 global recessions, next year's likely slowdown in economic activity — coupled with growing inflation — could be more like the one of 1982, which also came with a string of debt crises.

Read moreShow less

Subscribe to our free newsletter, GZERO Daily

Latest