The Eurasian Development Bank (EDB) has published a new analytical report presenting its forecast for the global economy for the next year. According to expert assessments, key countries will be able to maintain moderate growth rates of gross domestic product (GDP) while the world adapts to new challenges related to sanctions and trade barriers.
“Investment activity is constrained by a high degree of uncertainty and a significant level of debt; however, the development of IT infrastructure continues to contribute to economic growth. Major emerging economies, in turn, will demonstrate higher growth rates due to active industrialization and investments in infrastructure,” the report notes.The U.S. economy is expected to grow by just over 1.5%. This modest growth is attributed to rising tariffs, high national debt, and tightening immigration rules.
Incentives in the form of tax breaks and the transformation of supply chains should support the U.S. economy.
In the Eurozone, GDP growth is projected at 1.1%, driven by a decline in external demand and ongoing uncertainty on the international stage.
At the same time, China's economy continues to show impressive growth rates, with an expected increase of 4.6%. Experts attribute these results to measures taken by Chinese authorities to stimulate domestic consumption.
Moreover, analysts emphasize that high economic and geopolitical uncertainty creates additional inflationary risks: “Inflation in the U.S. and Eurozone exceeds target levels due to rising producer costs caused by tariff conflicts and the need to revise supply chains.”
