Tag: Global Economy

Global Trade Is Being Rewired: What Leaders Need to Know

Global trade is undergoing one of its biggest transformations in decades. Despite tariff tumult, geopolitical tensions and AI acceleration, global trade continues to grow. New research from the McKinsey Global Institute finds international trade isn’t slowing down, it’s just realigning.

McKinsey Senior Partner Shubham Singhal and McKinsey Partner Jeongmin Seong explore the forces reshaping global trade, investment and business strategy in 2026. They explain how much of that trade growth came from AI, how China’s role is evolving, and the rise of ASEAN economies as global supply chain connectors.

This episode has been adapted from our McKinsey Live webinar series.

Global Outlook June 2024: The path ahead for the U.S. economy

In The Economist’s June 2024 Global Outlook video, head of global forecasting and economics, Tom Rafferty, and global principal economist, Steven Leslie, discuss the U.S. economic outlook.

Global economy to slow substantially in 2023, says the World Bank.

The global economy is set to slow substantially in 2023, according to a new report from the World Bank. The lagged and current effects of monetary tightening, as well as more restrictive credit conditions, are expected to weigh on activity in the second half of the year, with weakness persisting into 2024. Excluding China, growth in emerging market and developing economies (EMDEs) is set to decline markedly, with the outlook weakest in countries with elevated fiscal and financial vulnerabilities. The resurgence of recent banking sector turmoil represents a serious risk. Widespread financial stress could have especially severe economic consequences.

The Global Economy: Post-COVID-19