The Eurasian Development Bank (EDB) has published its analytical forecast regarding the dynamics of the global economy for the upcoming year. Experts are confident that major economic powers will be able to maintain moderate growth rates of gross domestic product (GDP). The world is gradually finding ways to adapt to new conditions related to sanctions and trade restrictions.
The report notes: “Despite the high level of debt and uncertainty, investment activity remains restrained, but the development of IT infrastructure continues to support economic growth. However, countries with developing economies will demonstrate higher growth rates due to industrialization and investments in infrastructure.”
The economy of the United States is expected to grow by 1.5%. The low growth rate is attributed to rising tariffs, a high level of national debt, and strict immigration measures.Tax incentives and restructuring of supply chains will help sustain the growth of the American economy.
In the Eurozone, GDP growth is forecasted at 1.1%. This is linked to a decline in external demand and ongoing economic uncertainty.
In contrast, the Chinese economy is expected to demonstrate robust growth rates of around 4.6%. Analysts attribute these results to the actions of the Chinese authorities to stimulate domestic demand.
Moreover, experts emphasize that the high degree of economic and geopolitical uncertainty creates additional risks for inflation: “In the US and Eurozone, inflation exceeds target levels due to rising production costs caused by tariff conflicts and the need to reorganize supply chains.”
