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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.

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