‘Cautious optimism’: Here’s what chief economists think about the state of the global economy

The near-term outlook for the global economy is looking brighter, according to the latest Chief Economists Outlook.Yet the report found that uncertainty and volatility remain, with domestic and international politics continuing to be a factor.Almost seven in 10 expect global growth to return to 4% in the next five years.

Despite geopolitical tensions and lingering economic headwinds, the outlook for the global economy is improving.

The Chief Economists Outlook, published three times a year, surveys leading chief economists from across industries and international organizations. The latest edition explores key trends in the global economy, including the latest outlook for growth and inflation, the implications of recent geopolitical and domestic political developments and prospects of reviving medium-term growth.