The war in Ukraine and new COVID-related shutdowns in China have dramatically worsened the outlook for the world economy this year. Geopolitics, high inflation and new resistant COVID-19 variants pose the greatest risks to growth prospects, says Helge Pedersen, Nordea Group Chief Economist.
The pandemic continues to rage, but the global economic outlook remains benign. After a solid 5.5 percent growth in 2021 we expect global growth to land at 4.1 percent this year and 4.2 percent in 2023
Is the Danish economy on the brink of overheating? Will growing labour shortages become a problem? And can we expect the housing market boom to continue?
Find out all this and more in this podcast with Nordea Chief Analyst Jan Størup Nielsen.
Nordea's chief economist: "Expect a rapid economic recovery"
The current state of the economy gives reason for optimism, we recently reported in our latest Economic Outlook. Chief economist Helge J. Pedersen comments on what this could mean in the long run.
When will global economic activity be back to normal? Is rising inflation, particularly in the US, a cause for concern? Find out all this and more in this podcast interview with chief economist Helge J. Pedersen on the latest Nordea Economic Outlook report.