Following a very challenging 2022, the world may find it difficult to be optimistic about 2023, given the risks to the economy as well as global and regional security. The trends of transformation and turbulence are both evolving continuously, and the tendencies toward unity and division are contending with each other.
A more unstable world
All the knock-on effects of the Russia-Ukraine conflict, the energy crisis and the crisis in the global food supply remain at play as 2023 begins, with a mix of inflation and recession, leaving the world vulnerable to yet more economic trauma.
The growth of the global economy has slowed from 6 percent in 2021 to 3.2 percent
