Q3 and Beyond: The Global Economic Outlook is Shifting
At the start of Q3, recovery from the COVID-19 pandemic, the war in Ukraine and continued supply chain disruptions have magnified a slowdown in the global economy. The IMF, World Bank and OECD have each recently revised their global outlook to forecast a protracted period of weak growth and elevated inflation. Various risks, including geopolitical tensions, financial stress and stagflation, require global companies to rethink business operations, investments and workforce conditions.
The Economic Impacts of the War in Ukraine
The war in Ukraine will cause global economic headwinds in the second quarter and beyond, further undermining economic recovery and hitting the poorest regions and countries the hardest. This article examines some trends to watch in the weeks ahead.
