After a tumultuous couple of years, the global economy finally seems to be in recovery mode. With the global economy’s prospects unclear, political uncertainty gripping many countries, and geopolitical tensions running high, low business and consumer confidence may come as no surprise. India has emerged as a bright spot in the global economy. Nearby Indonesia is also proving to be a steady performer, thanks partly to a strong policy framework that appeals to foreign investors. The relative calm that has taken hold in the global economy gives policymakers around the world an opportunity to tackle underlying obstacles to growth.

Source: Stuff October 20, 2024 02:02 UTC