World Bank Economic Outlook 2024. T wo gut instincts have distinguished the macroeconomic policies of xi jinping, china’s ruler since 2012. It offers insights into the current outlook for growth, inflation, and both monetary and fiscal policy.

Nations will still face inflation, labor shortages, debts, and geopolitical tensions in 2024. Elevated central bank rates to fight inflation and a withdrawal of fiscal support amid high debt weigh on economic activity.