MADRID, 2 Ene. (EUROPA PRESS) -
Most of the world economy will face a "more difficult" year in 2023 than it was in 2022 due to the simultaneous slowdown in the United States, the European Union (EU) and China, the three largest world economies, according to reports. warned the managing director of the International Monetary Fund (IMF), Kristalina Georgieva, noting that a third of the world economy will be in recession.
"For most of the world economy, this is going to be a tough year, tougher than the year we left behind. Why? Because the big three economies, the US, the EU and China, are slowing down simultaneously." , has indicated the Bulgarian economist in an interview with the CBS chain, collected by Europa Press.
According to the director of the IMF, the United States is more resilient and can avoid recession, while "half of the European Union will be in recession next year" and China will slow down even more.
"I hope that the United States does not fall into recession despite all these risks," Georgieva stressed, noting that, however, the IMF expects "a third of the world economy to be in recession" and that, even in countries that avoid the contraction, "will feel like a recession for hundreds of millions of people."
In this sense, he recalled that the IMF anticipates a slowdown in the global economy that will cause world growth to slow down to at least 2.7% next year, when in 2021 it was 6% and 3.2% last year.
"And that translates into negative trends globally," Georgieva warned, referring to emerging markets and developing economies "where the outlook is even more serious, since, on top of everything else, "they are hit by high rates of interest and the appreciation of the dollar", which in the case of those economies with a high level of debt, "is a devastation.
In this way, Georgieva has stressed that, although up to now the countries that are in difficulties are not systemically significant to trigger a debt crisis, she has warned that if the list continues to grow "the world economy could be in for a negative surprise ".