About the good news 1st. Um, the great recession, some of the warning of doesnt seem to really have materialized. Global growth is expected to remain steady at over 3 percent this year. How do you explain this kind of surprising resilience . Well, we had the yes, we had a very resilient Global Economy. Were predicting global growth, a 3. 3 percent this year and next year. And thats the same growth number as last year. 2023. So its kind of a steady growth, not super charge. Some and a story cool growth rate that we like to point to is what we had between 22019. 00. That was more like 3. 8 percent. So its modest, but very far from the global recession or anything that may have been predicted at the time of the coming out of the pandemic and the inflation search. So what explains it . Weve had a good news on the supply side. So unwinding of supply fractions restrictions and supply chains. And weve had also very good news on the labor side, a very strong increase in labor force participati
About the good news 1st. Um, the great recession, some of the warning of doesnt seem to really have materialized. Global growth is expected to remain steady at over 3 percent this year. How do you explain this kind of surprising resilience . Well, we had the yes, we had a very resilient Global Economy. Were predicting global growth, a 3. 3 percent this year and next year. And thats the same growth number as last year. 2023. So its kind of a steady growth, not super charge. Some and a story cool growth rate that we like to point to is what we had between 22019. 00. That was more like 3. 8 percent. So its modest, but very far from the global recession or anything that may have been predicted at the time of the coming out of the pandemic and the inflation search. So what explains it . Weve had a good news on the supply side. So unwinding of supply fractions restrictions and supply chains. And weve had also very good news on the labor side, a very strong increase in labor force participati
About the good news 1st. Um, the great recession, some of the warning of doesnt seem to really have materialized. Global growth is expected to remain steady at over 3 percent this year. How do you explain this kind of surprising resilience . Well, we had the yes, we had a very resilient Global Economy. Were predicting global growth, a 3. 3 percent this year and next year. And thats the same growth number as last year. 2023. So its kind of a steady growth, not super charge. Some and a story cool growth rate that we like to point to is what we had between 22019. 00. That was more like 3. 8 percent. So its modest, but very far from the global recession or anything that may have been predicted at the time of the coming out of the pandemic and the inflation search. So what explains it . Weve had a good news on the supply side. So unwinding of supply fractions restrictions and supply chains. And weve had also very good news on the labor side, a very strong increase in labor force participati
About the good news 1st. Um, the great recession, some of the warning of doesnt seem to really have materialized. Global growth is expected to remain steady at over 3 percent this year. How do you explain this kind of surprising resilience . Well, we had the yes, we had a very resilient Global Economy. Were predicting global growth, a 3. 3 percent this year and next year. And thats the same growth number as last year. 2023. So its kind of a steady growth, not super charge. Some and a story cool growth rate that we like to point to is what we had between 22019. 00. That was more like 3. 8 percent. So its modest, but very far from the global recession or anything that may have been predicted at the time of the coming out of the pandemic and the inflation search. So what explains it . Weve had a good news on the supply side. So unwinding of supply fractions restrictions and supply chains. And weve had also very good news on the labor side, a very strong increase in labor force participati
About the good news 1st. Um, the great recession, some of the warning of doesnt seem to really have materialized. Global growth is expected to remain steady at over 3 percent this year. How do you explain this kind of surprising resilience . Well, we had the yes, we had a very resilient Global Economy. Were predicting global growth, a 3. 3 percent this year and next year. And thats the same growth number as last year. 2023. So its kind of a steady growth, not super charge. Some and a story cool growth rate that we like to point to is what we had between 22019. 00. That was more like 3. 8 percent. So its modest, but very far from the global recession or anything that may have been predicted at the time of the coming out of the pandemic and the inflation search. So what explains it . Weve had a good news on the supply side. So unwinding of supply fractions restrictions and supply chains. And weve had also very good news on the labor side, a very strong increase in labor force participati