Transcription of Chief Economists Outlook
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Chief Economists Outlook
Chief Economists OutlookCentre for the New Economy and SocietyNovember 20212 Chief Economists OutlookChief Economists OutlookNovember 2021 This quarterly briefing builds on the latest policy research as well as consultations and surveys with leading Chief Economists from both the public and private sectors, organized by the World Economic Forum s Centre for the New Economy and Society. It aims to summarize the emerging contours of the current economic environment and identify priorities for further action by policy-makers and business leaders in response to the global economic crisis triggered by the COVID-19 Economists OutlookContents1. Monitoring fragilities _____4 Bankruptcies _____5 Inflation _____6 Global financial market risks _____82. Disentangling disruption from trends: the Outlook for prices, wages and globalization _____9 The Outlook for prices _____9 The Outlook for wages _____10 The Outlook for global economic integration _____113.
Managing inflation _____13 Global coordination _____ 14 ... Should these dynamics persist, there is a risk that they will choke off the recovery. ... projections suggest that the group of 11 IMF, 2021. emerging and developing economies (excluding China) will still be 5.5% below
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