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2.2 Global Economic Outlook and Challenges

November 23  10:15-11:45
Setting

The heightened geopolitical uncertainty on a global scale has resulted in hindrances to economic growth and integration, the rising fragmentation of the global economy, and the intensification of trade disputes. Furthermore, it has weakened the efficacy of traditional global economic and financial coordination mechanisms. Consequently, there has been a resurgence of interest in the Bretton Woods system, alongside an increasing emphasis on regional cooperation. In this context, the world economy is in search of novel solutions.

Focus

- Where does the world economy stand today? What are the key challenges and risks in the outlook? - How can countries work together to minimize the impact of economic fragmentation? - How can international organizations be better equipped, or reformed, to bolster international cooperation and serve their global membership?