CLEAN : Global economy to face 'broad-based' slowdown in 2023, World Bank economist says

The video discusses the global economic outlook for 2023, highlighting weak growth projections, particularly in the euro area. It outlines a baseline scenario with a 1.7% growth rate, which is low but not a technical recession. Various risks, including inflation, high interest rates, geopolitical tensions, and climate change, could exacerbate economic challenges. The video also emphasizes the potential for financial stress and debt crises, especially in low-income countries, if financing conditions tighten.

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