Global economic outlook: Finding opportunity in a multispeed global economy

The first half of 2023 has been quite turbulent with banking sector stress, debt ceiling uncertainty in the US, asynchronous momentum across European economies and China suddenly pivoting away from its zero-COVID policy.

Elevated economic, geopolitical and financial market uncertainty along with central banks’ unrelenting battle against persistent inflation create a wide array of challenges for business leaders. More than ever, they must display resilience, dynamism and agility to navigate the global economic backdrop.

Our panelists will discuss:

• The global economic outlook for 2024 and beyond, with a focus on China, Europe and the US.
• Banking sector developments.
• A multipolar world and dollar dominance.
• Inflation and monetary policy.
• Recession risks.

Learning outcomes

• Recognize current factors affecting the global economy and outlook.
• Identify likely future scenarios for inflation, growth, interest rates and geopolitical developments.
• Determine how to build resilience into your business based on macroeconomic factors.

Moderator:

• Gregory Daco, EY-Parthenon Chief Economist, Ernst & Young LLP

Panelists:

• Marek Rozkrut, EY EMEIA Chief Economist
• Mary Lovely, Anthony M. Solomon Senior Fellow, Peterson Institute for International Economics