Or are there really positive trends counterbalancing the obvious and mounting challenges to global growth? The trends that supported the global economy's unexpected resilience in 2023 "also offer plenty of reasons to be optimistic for 2024." It is also at odds with a range of economic, financial, geopolitical and political developments. Moreover, the extent to which aggressive interest rate hikes contributed to reducing inflation has become the subject of debate among economists. Given these circumstances, the chances of robust global growth in 2024 appear tenuous.
