2023 Global macroeconomic transformation

New York, September 29, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the “2023 Global Macroeconomic Transformation” report – https://www.reportlinker.com/p06153214/?utm_source=GNW

This research provides insight into new policy priorities for governments to build resilient economies, medium-term growth expectations for large economies, and transformative changes in global trade, supply chains and the workforce landscape. ‘artwork. As the global economy contracted in 2020, some economies continued to demonstrate strong resilience. In the second quarter of 2020, the contraction of the German economy was smaller compared to its Western European counterparts such as Italy and Spain, which depend more on tourism. The higher sensitivity of the tourism sector to pandemic-induced national lockdowns, travel restrictions and immunization inequalities could delay the process of recovery in tourism dependent economies. The latest US $ 1.9 trillion stimulus package has helped boost US growth prospects significantly, although the highly contagious Delta strain is bringing some uncertainty to the economic landscape. The government’s vision and policy plans through 2030 indicate a greater focus on infrastructure development, digitization and the accelerated transition to clean energy. Among the industries promoted by the governments of large economies, digital infrastructure, clean energy and electric vehicles are areas of common interest. The tax policies of these countries show an increase in tax support and subsidies for electric vehicles. The recovery from the severe impact of COVID-19 on global trade and supply chain disruptions has been faster for trade in goods than for trade in commercial services, with transport and travel services particularly affected . The pandemic has also brought about major changes in trade and the supply chain. For example, just-in-time inventory strategies should be supplemented with just-in-case strategies for better sustainability. With disruptions in global supply chains, trends such as localization, relocation, production and supplier diversification will gain importance. The pandemic has also brought about a significant shift in the workforce. Remote working solutions are now vital, with remote and hybrid working models poised to expand after the pandemic, especially in high-income countries. The odd-job economy will continue to grow and expand more and more into more skilled occupations. The research also summarizes key growth opportunities linked to global transformational changes.
Read the full report: https://www.reportlinker.com/p06153214/?utm_source=GNW

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