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). .
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, “opinions are more divided regarding the impact of these changes on less developed economies,” the 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 countries developed as well as developing.
In the short term, 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 the Forum Economic shows “cautious optimism” in global prospects.
All in all, 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 83% also point to the internal politics of countries, in a year where more Half of the planet’s population is called to the polls.
By region, optimism is much greater in the United States, where 97% of those surveyed expect moderate or high economic growth, than in Europe, where the percentage falls to 31% and 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 the Middle East (67%), while in China 79% of those surveyed join this optimism.
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