Global Growth Stronger Than Expected in 2024

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According to the International Monetary Fund (IMF), global growth is stronger than expected and will be 3.1% in 2024, the same as in 2023, as the US and emerging economies have shown resilience to previous crises, with strong consumption driving the growth.

The IMF has increased its previous forecast by 0.2%, in its latest World Economic Outlook report, factoring in upgrades for China, the United States, and large developing economies.  Global GDP is expected to accelerate slightly in 2025, by 3.2%.

Read the entire piece, including a mention about shaky growth in Europe.

4 Ways to Tap Into Rapidly Developing Economies

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As you craft your new overseas market expansion plan, think critically about where you should be going next to achieve massive growth. Discover the power of adding these tips that I [Laurel Delaney] write about here to your business development model and consider tapping into emerging markets to accelerate your company’s global growth.

Read more:  4 Ways to Achieve New Growth in Rapidly Developing Economies