The International Monetary Fund upgraded its outlook for global economy for 2024, pointing to the better-than-expected performance of China and the United States last year. Meanwhile, Japan, the United Kingdom and Germany are dealing with recession.  

Joining the discussion: 

• John Quelch is the Executive Vice Chancellor at Duke Kunshan University.
• Otaviano Canuto is a Senior Fellow with the Policy Center for the New South and former Vice President and Executive Director at the World Bank.
• Klaus Larres is a fellow at the Wilson Center and is a Distinguished Professor in History and International Affairs at the University of North Carolina at Chapel Hill. 
• Yan Liang is an Endowed Chair Professor of Economics at Willamette University in Oregon.

Global growth is projected to slow for the third year in a row—from 2.6% last year to 2.4% in 2024, almost ¾ of a percentage point below the average of the 2010s.

— World Bank (@WorldBank) February 12, 2024

The global economy is proving resilient, with falling inflation and stable labor markets. @KGeorgieva writes in her blog that this is an opening for the G20 to shift focus to the medium-term trends shaping the world economy. https://t.co/c1fOfzsyM8

— IMF (@IMFNews) February 26, 2024