The world is on the brink of a new era of technological upheaval, and TIGER is primed to help lead
Key Highlights :
The latest update of the Brookings-FT TIGER indexes (Tracking Indexes for the Global Economic Recovery) underscores a perilous moment for the world economy, with persistently high inflation, banking sector turmoil, and geopolitical risks threatening to derail growth. There are a few bright spots, with China and India, in particular, likely to register strong growth. The downside risks, however, are real and present a serious threat to global market stability and the global economic recovery.
The Tracking Indexes for the Global Economic Recovery (TIGER) measure the current state of the global economy by tracking 21 indicators in eight countries. The results show that the global economy is in a precarious position, with inflation continuing to be a major concern, and a number of key risk factors threatening to derail growth. In particular, there are high levels of inflation across a number of countries, including the United States, China, and India, and banking sector turmoil continues to be a major issue. Additionally, geopolitical risks are continuing to increase, with concerns over the situation in Ukraine and the Middle East posing a major threat to the global economy.
Despite these risks, there are a few bright spots. China and India are likely to continue to grow strongly, as they have in recent years, and this is likely to help to offset some of the negative effects of the global economy. However, if these risks continue to increase, the global economy could face a much more serious situation, with serious implications for global market stability and the global economic recovery.
