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The Handelot Times
Markets

2024: the new global disorder. 8 business themes

The New Year 2024 will witness the advent of a new global disorder characterized by significant technological, geopolitical, energy, and fiscal revolutions.

The Handelot Times Issue 49, February 2024 5 min read

The New Year 2024 will witness the advent of a new global disorder characterized by significant technological, geopolitical, energy, and fiscal revolutions. Experts in the field, in fact, overall outline a heterogeneous landscape.

A gradual slowdown in global growth is anticipated, with inflation expected to subside but remain above central bank targets. This outlook will be primarily influenced by a deceleration in developed markets, while nations like India, Indonesia, Brazil, and Vietnam, owing to their natural resources, are identified as potential winners.

Misaligned growth

Predictions for global GDP growth in 2024 stand at 2.5%, with an average growth of 0.7% in developed countries compared to 3.6% in emerging markets. For 2025, a global GDP of 2.7% is forecasted, with growth of 1.5% in developed markets and 3.6% in emerging markets.

The United States is expected to face a mild recession in the first half of 2024, while the Eurozone will maintain slightly positive growth, and Japan will experience a slowdown. Asia, particularly India, is set to emerge as a new economic powerhouse with projected growth of 6.0% in 2024 and 5.2% in 2025.

The rest of this article is in the magazine Continue in issue 49

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