This report reflects on key economic and political developments of 2024, offering insights into the evolving global landscape and their implications for 2025.
• Political Shifts: Over 70 countries held elections, with significant regime changes and growing political polarization affecting fiscal and trade policies.
• China's Struggles: Persistent economic challenges, including slowing growth and demographic decline, necessitate substantial reforms and stimulus.
• Inflation Dynamics: Global inflation eased but remains above target, challenging central banks as they navigate rate cuts and sticky service prices.
• Climate Impact: Record-breaking weather disasters emphasize the urgency of coordinated climate policies, despite funding and political hurdles.
Explore deeper analysis and actionable insights in the full report.