Macro Insights Weekly - Notes from Marrakech: Polycrisis and resilience
16 October 2023
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There was acceptance that a multitude of shocks have be confronted simultaneously. Post-pandemic scarring, wars, inflation, interest rate spikes, climate change, all need to be dealt with agility.
Global resource base and tools to deal with polycrisis are being expanded.
Climate change related support measures are still inadequate.
Between-and-within country income gaps are widening due to the shocks and varying policy responses
Asia is slowing, but still making up about two-thirds of global growth.
Parts of Asia may benefit from geoeconomic fragmentation, but it's a net loss for the world.