The global economy has proved surprisingly resilient, says Petya Koeva Brooks, the Deputy Director of IMF at the annual World Economic Forum.⁣ ⁣ The IMF has upgraded their forecast to 3.3% growth this year, but say that opposing forces are at play such as trade and policy uncertainty, potentially dragging growth down.⁣ ⁣ Another key concern is the potential for disappointment regarding AI's productivity gains. If this leads to a stock market correction, the resulting wealth effect would broadly reduce economic activity, says Brooks.⁣ ⁣ #imf #usa #uspolitics #globalism, #politics #worldbank #worldeconomicforum #AI #aibubble