More than half (56 per cent) of chief economists expect the global economy to weaken in 2024, with most saying the pace of geo-economic fragmentation will accelerate, according to the latest ‘Chief Economists Outlook’ released at the World Economic Forum. ____A_____of chief economists predict unchanged or improved conditions, while a significant majority expect labour markets (77 per cent) and financial conditions (70 percent) to relax in the coming year.In the next five years, ____B_____ anticipate these productivity advantages to become economically significant in high-income economies, in contrast to just 53 per cent in low-income economies.Almost three-quarters do not expect a net-positive impact on employment in low-income economies, and similar views are held for high-income economies.
With respect to the information provided above answer the following questions -
I.What will come in place of ‘A’ ?
More than half (56 per cent) of chief economists expect the global economy to weaken in 2024, with most saying the pace of geo-economic fragmentation will accelerate, according to the latest ‘Chief Economists Outlook’ released at the World Economic Forum. Forty-three per cent of chief economists predict unchanged or improved conditions, while a significant majority expect labour markets (77 per cent) and financial conditions (70 per cent) to relax in the coming year.
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