The Conference Board expects global growth to slow to 2.5%, well below the 3.3% average prior to the pandemic. Declining contributions from labor and capital are mainly responsible for the downward trend. But new technologies, investment in people, and high productivity could improve growth. What should leaders know about operating in this environment? In this episode, Dana Peterson, Chief Economist and Leader of the Economy, Strategy & Finance Center, joins Steve Odland, President and CEO, both of The Conference Board, to discuss the outlook and economic conditions around the globe.
Tune in to find out:
· What are the upsides and downsides to the outlook over the next decade?
· How are the three inputs to the global economy—labor, capital, and productivity—shifting and impacting growth? What will this “mix” look like in the decade ahead?
· What trends are on the horizon—globally and within regions?
· Which economies will drive growth over the next decade?
· How might the Israel-Hamas war effect the MENA region economy, and consequently, the rest of the world?
For more Trusted Insights for What’s Ahead™:
· Read: Global Economic Outlook 2024 to 2036
· Read: Economic Forecast for the US Economy
· Visit: The Global Recession Hub: Navigating the Economic Storm (continuously updated)
· Visit: Data Central for forecasts and long-term projections
C-Suite Perspectives is a series hosted by our President & CEO, Steve Odland. This weekly conversation takes an objective, data-driven look at a range of business topics aimed at executives. Listeners will come away with what The Conference Board does best: Trusted Insights for What’s Ahead™.
C-Suite Perspectives provides unique insights for C-Suite executives on timely topics that matter most to businesses as selected by The Conference Board. If you would like to suggest a guest for the podcast series, please email csuite.perspectives@conference-board.org. Note: As a non-profit organization under 501(c)(3) of the IRS Code, The Conference Board cannot promote or offer marketing opportunities to for-profit entities.
C-Suite Perspectives / 22 Jul 2024
Business leaders need to reexamine their environmental, social, and governance frameworks — not abandon them.
C-Suite Perspectives / 15 Jul 2024
Find out why the Global South is defined by economics and geopolitics, not geography, and why these countries’ influence will continue to grow.
C-Suite Perspectives / 08 Jul 2024
Find out about the current state of global labor markets, the impact of an aging population, and potential solutions to labor shortages.
C-Suite Perspectives / 01 Jul 2024
Learn what our latest research says about retention, employee well-being, flexibility, AI and other human capital trends.
C-Suite Perspectives / 25 Jun 2024
Find out why consumer confidence continues to decline—and what that means for US and global economic growth.?
C-Suite Perspectives / 24 Jun 2024
Find out why The Conference Board Measure of CEO Confidence™ for China shows cautious optimism among MNCs—and why most CEOs are looking to de-risk.