Mumbai, Sept. 24 -- World Economic Forum Chief Economist's outlook has stated that the global economy is undergoing a period of profound transformation, marked by persistent short-term disruption and heightened uncertainty as well as long-term structural change. Regional outlooks are divergent: the US faces subdued prospects and inflationary pressures; Europe shows fragile but improving growth; China confronts deflationary headwinds; and emerging regions such as Sub-Saharan Africa and the Middle East and North Africa project stronger momentum. This edition explores the long-term reconfiguration of the global order, where trade realignments, fiscal imbalances and AI-driven transformation present systemic risks and new opportunities. By recog...
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