The IMF forecasts global GDP growth to fall to 2.8% by the end of the decade.

The IMF forecasts global GDP growth to fall to 2.8% by the end of the decade.

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Global economic growth will slow to 2.8% per year by the end of the decade, the International Monetary Fund (IMF) predicts. Technological advances or structural reforms can change the situation.

“In the absence of major technological advances or structural reforms, we expect global economic growth to be 2.8% by 2030, well below the historical average of 3.8%,” it says. message IMF.

Experts say the higher growth rates seen in the past are not possible without policy intervention or the use of new technologies. According to the IMF, the introduction of artificial intelligence (AI) technologies can help in the medium term. The potential of AI for the global economy could be 0.8 percentage points. The IMF estimates that policies to strengthen market competition, trade openness and financial access could boost global growth by about 1.2 percentage points by 2030.

About the OECD forecast for a slowdown in global economic growth in 2024 – in the Kommersant material “The reasons for global slowdown are being selected”.

Leonid Uvarchev

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