The Global Economic Outlook | World Economic Forum 2024

With the global economy at a crossroads, policy-makers must balance the need for action on growth and inflation with structural imperatives on promoting human development and ensuring an orderly energy transition. READ MORE: str.sg/v2AW
What trade-offs and dilemmas will governments face as they seek to leverage the right economic tools and ensure sustainable, long-term growth?
Speakers:
Tharman Shanmugaratnam
President of Singapore, Office of the President of Singapore
Ngozi Okonjo-Iweala
Director-General, World Trade Organization (WTO)
Mohammed Al-Jadaan
Minister of Finance, Ministry of Finance of Saudi Arabia
Francine Lacqua
Editor-at-Large and Presenter, Bloomberg Television
David M. Rubenstein
Co-Founder and Co-Chairman, The Carlyle Group
Christine Lagarde
President, European Central Bank
Christian Lindner
Federal Minister of Finance, Federal Ministry of Finance of Germany
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[@lolongubeni1748]

The President of Singapore is clear and on the money. Super impressive.

[@rmnair90]

Holding a conference for 100s of attendees + 100s of hangers-on on top of a remote mountain in the alps, at the height of winter, and all in nice business clothes, is an example of global-warming prevention.😅 Bunch of hypocrites😡😡😡😡

[@henryterranauta9100]

🇩🇪🇩🇪 Deutschland hat seine neue Normalität neu erfunden!!! 🇩🇪🇩🇪🇩🇪😻Germany has reinvented 😻😻energy😻😻 Back to lignite mining !!!! 11:07 And let’s have clean energy from Poland while it doesn’t polute dustless German environment !!!! Berlin lociuta, causa finita !!!!

[@jodavis650]

And sketch as heck

[@agritechconcept]

À

[@REIBODERA]

Thank you Milei for saying everything we would like to these scoundrels

[@user-rq5zt6ed6x]

So jaded in their comfort, their purposeful omission of past and recent history is the star of this conversation.

[@henryterranauta9100]

🇩🇪🇩🇪 Deutschland hat seine neue Normalität neu erfunden!!! 🇩🇪🇩🇪🇩🇪😻Germany has reinvented 😻😻energy😻😻 Back to lignite mining !!!! 11:07 And let’s have clean energy from Poland while it doesn’t polute dustless German environment !!!! Berlin lociuta, causa finita !!!!

[@1.restnrelax.1]

"Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of sabaoth. Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter. Ye have condemned and killed the just; and he doth not resist you."

[@mahirmarcus5092]

I’m waiting for his will to be done in the of our lord and savior JESUS CHRIST

[@teamhodge6226]

I can't wait for the creator to judge these oppressors of humanity!

[@eddyg4742]

Excess savings especially in the developed world have disappeared With all the cash splash over covid years, and now excess savings all gone, one should ask: Where have all that savings gone to? It basically means the wealth in the economy have funneled into certain powerful groups, with the wealth of the riches few growing significantly.

[@MICHAELHACHEROAFABLE-lp6fc]

FROM THE PROPHET FUND, I AM OFFERING TO FUND THE MOVE TO LESSEN CARBON EMISSIONS, INTEREST FREE FOR 5 YEARS THEN THE NEXT YEARS 15 YEARS HALF OF THE PREVAILING INTEREST RATE, TO LESSEN THE BURDEN OF THE GOVERNMENTS TO FINANCE THIS.

[@MICHAELHACHEROAFABLE-lp6fc]

IT'S SO NICE SEEING YOU ALL AND HEARING FROM YOUR INFORMATIVE DISCUSSIONS ON THOSE MATTERS!! GOD BLESS 🙏❤️🙏 THIRD GOD, MICHAEL HACHERO AFABLE, THE HOLY SPIRIT

[@sst6358]

BILL GATES

[@jodavis650]

Bingo

[@lw1zfog]

all as intended

[@Gioxtream]

AMAZING TO SEE THIS ECONOMIC FORUM COLLAPSING ON MY TV SCREEN. THE WORLD WOKE UP ALREADY .

[@wheel-ck8wy]

yes

[@souria1671]

Heureusement, c’était temps

[@LoveAlwaysWins79]

Yeeeeessssss 💯

[@zulugula7070]

Wasz koniec jest bliski ,my ludzie cenimy sobie zdrowe jedzenie i jesteśmy wolni, z przyjemnością ujrzę wasz koniec, gdyż świat się już obudził.💪💪💪😁😁😁👏👏👏

[@tamakiyataki]

We must choose either champagne for d few or potable dringkin water for all. Capitalism is e tinonto system, look like u rob d entire cantry and gave it to d few, and d few creating heaven for themselves while hell for d majority. U go back to d creation of e printed paper money and u unlock d lies and deception of e capitalism, sa paggawa ng kwarta na yan binabak-apan yan ng ginto na nakukuha din mismo sa kalupaan sa estado so pag-aari ito ng republika dba? At dahil pag-aari ito ng republika, pag -aari ito ng lahat, now papano naitransfer yang wealth ng republika papunta sa bulsa ng mga capitalista? Explain canstitutionalist,politician,capitalist,profeesor, ecanomist,auditor,theologian, cameloth,lanceot, highrangkin can u enlighten d society how did it happen, paano naitransfer yan? So d illegally acquired those wealth, Those wealth acquired ingood faith hindi man din yan mag eexist kung wala ung illegal na pagtransfer ng wealth from d republic goin into their pocket. D end doesnt justify d means, people is e victim by form of governments or e system which they could not understand its e tinonto system

[@marywalker7542]

Since slavery My people in Haiti must learn to stand upon their own feet 🦶 This requires patience and endurance for the world 🌎

[@jodavis650]

And I pray that happens for Haiti and I'm so sorry for what the Clintons had done..

[@derekarnold3665]

How economic can you have a meaningful world economic outlook without China, Brazil and India's participation.

[@beewiththebighair]

go and sleep my dear

[@davolpatel]

It’s more like agenda for benefit of the west at the expense o f east and global south.

[@osam6356]

Absolutely! Just what I was thinking.

[@as3r274]

China maybe but the others u mentioned are irrelevant

[@fearless2567]

This is very foolish statement. These countries you're talking about were empowered by Europe and the USA laziness. If they people who empower you take their rights, senses and power of production back ,what have their braga do captives got to do. No country is indispensable.

[@Rollen531]

Who needs this?

[@makedoing8372]

Nessuno

[@pavelsmith2267]

From the satellite to the taxi cab; Star Trek Logistics has real time connectivity at your fingertips! Love your Commissioner

[@detectiveofmoneypolitics]

Economic investigator Frank G Melbourne Australia is still following this year's cheers Frank 😊

[@user-yd7xw9lk1g]

Economic investigator frank G Melbourne Australia is still following this year's cheers frank

[@arcencielc2065]

The talk on carbon tax by Tharman is enlightening!

[@scrapplepig]

That will give them more control over all business's, guess you think that's a good idea.

[@MartinValentinGakozi-pt7gl]

Merci pour tous qui déclarent le développement de l'Afrique et particulièrement les pays les plus pauvres.

[@MICHAELHACHEROAFABLE-lp6fc]

NICE COMMENTS OF THE GERMANY'S REPRESENTATIVE REGARDING FUNDING FOR ELECTRICITY IN AFRICAN COUNTRIES TO DECREASE CARBON EMISSIONS SINCE PROBABLY THEY NEED TO BURN WOODS TO COOK FOOD AND LIGHTING. THIS WAY, THEY EVEN CONTRIBUTE TO THE GROWTH OF THAT COUNTRY WHILE ADDRESS THE CARBON EMISSIONS.

[@jodavis650]

The carbon emissions is crap..every 10 years it is something, im 55 years old and I have seen "hole in the ozone layer" melting of ice caps" " acid rain" ..and more..it is just a way to change what they want with people backing them up...they are actually using it to shut down food supplies, going after farms, (and now Bill Gates owns the most farm land in America and he is pushing lab grown meat) now they are trying to stop people from having small gardens because of carbon...if they really cared ..stop making plastic, that is what's destroying the ocean and land and us...but to much money is made off of it..think about it..

[@Laurie-eg8ct]

For the benefit of the world economy and geopolitics, China and the USA need to see their relationship as partners rather than adversaries.

[@carollee5043]

Ask US , China has no problem with it

[@jodavis650]

Oh honey they are partners they just hide it

[@Boc3phu5]

Adversaries is what makes the economy go

[@kenenisakejela5558]

Economic discussion it is very crucial for overcoming of poverty eradication

[@GG-qy2js]

The world is not a test! The optimum theory is based on two important assumptions: 1. The proportion of working population to total population remains constant as the population of the country increases. 2. As the population of a country increases, the natural resources, the capital stock and state of technology remain unchanged.

[@kimlan7342]

Thanks for conducting this forum I got a lot of knowledge you.

[@henrytan2013]

Inflation come down but price hike and taxes hike never come down.

[@wondersall6916]

It's a cycle, and depression is next

[@rosliaziz3543]

Jangan sesekali ambil mudah sekiranya ada ambil rasuah sebab saya buat bisnes patner jujur dan amanah sebab saya x suka bermusuh mana2 negara saya perjuangan ekonomi semua patner semua negara x kira ugama dan x kira bangsa saya akan support ekonomi saya anggap semua family hidup harmoni saya buat kerja x makan rasuah sebab dlm hati saya kena jujur amanah sbb tu rezeki sentiasa x putus2 ibarat air sungai mengalir sentiasa rezeki datang jgn bergaduh2 sesama insan ingat tu

[@AbewichMalo]

The Rich will get Richer

[@4nxy]

Yes, and join us. There is no dignity in poverty.

[@infinitexpansion8226]

So get to work.

[@pavelsmith2267]

Commissioner has links to world power through Olympics. Through Warfare. Through food. Through education. Through Tantra. Through business. Through family. Commissioner wants more connections, connectivity and less confines.

[@ricardoorellana3350]

Their should be a wealth cap set to our expected life span( and any extra wealth going to the state ) this will eliminate any inflation and keep greed at bay

[@DanielsKris21]

This is a good theory but we would have to completely shift policies and how corporations are governed and who owns the seats

[@ricardoorellana3350]

No one said it would be easy.

[@ricardoorellana3350]

And time is something we are guaranteed

[@Think-dont-believe]

No wealth cap but selfish greed cap... pay should be linked to profit and diff from top earner to least should be ... 1000%.. i don't care number BUT Amazon fT workers qualify for govt programs .. food stamps etc since they are under poverty level and who is getting rich ?? The board ? If use to be a company built a town... ..

[@saimak7079]

WEF is not needed or wanted

[@venkateshvlogs9204]

I would like to ask these leaders in the Forum who or which countries are disturbing the world economy

[@khunmikeon858]

That would be the global hegemony: the USA.

[@DanielsKris21]

China and United States America. This was indirectly answered. Both sides have valid arguments on who is right and who is wrong

[@anthonyfx100]

Why no one from China in the panel?

[@kanrulz5013]

They busy producing goods and funding this so you be busy here

[@SaraLee1]

China isn't dumb

[@kanrulz5013]

They are running this show so that others waste their time & money here

[@teamhodge6226]

Because China is the example that they are striving for. So no need for them to come to class.

[@Ludicanti]

That I know. Look friends. We have to be strong and brave. I know that everybody is afraid. But I cannot do it alone.

[@bluesfen2530]

So daunting to see how BCE has constantly been following FED, putting at stake European economy which is absolutely not at the same level of flexibility of the American one...

[@Ludicanti]

What do the team suggests? I rather follow advice, so we can judge performabce and results under fullunderstandment of a validated aproach. I am not running from strategy, I am sugesting one. So I invite Community to contribute, if it is not scaping my own responsabilities.

[@jrbedolla10]

The 5th Industrial Revolution will be interesting for all of humanity.

[@refede8099]

The meetings were beautifully organized and conducted by well-known journalists. I have only one criticism: the cameras never show the names of the exhibitors next to their seats, which should be highlighted with their name, surname, and professional title superimposed on the screen. The topic is too important not to know who the exhibitors or interviewees are.

[@refede8099]

A supremely positive example of how exhibitor presentations should be organized is the GLOBAL RISKS REPORT 2024 from Zurich.

[@johndoolan9732]

So globalised economy should be global in with everyone free to be so give little wiggle room to look see adapt and overcome

[@pavelsmith2267]

As one of the final notes I could emote to attract positive energy to the tristate agenda. A Faerie Tale Timeline. Starting with the H.E.M.I. Platform. Includes a host of characters both palpable and culpable. This means you pay closer attention uhm ; Officers. Perhaps and especially those of them at the B.A.U. These grinning Officers.

[@netizencapet]

This was a surprisingly apt description of the principal problems facing global economic trends and trade. I also do think the 2 OECD initiatives on tax are outstanding - except that the rate is too low! - & hope they are ratified. I doubt very much I'll agree with the other proposed solutions, but at least they've got the problems right.

[@pavelsmith2267]

Taxes with my interactive marketplace are so low that. The investment process is the taxation!

[@marywalker7542]

Thanks for sharing ❤

[@ChristineMihindo]

Ur well came l really happy for trade business thank you so much

[@josetavares9573]

Global Economic side is that if China and U.S. morph together The Economy will do far better and the deficit will decrease and our market rates will establish it's self.

[@greggnaughton3132]

They won't go down without a fight, it's going to get a lot worse before it can get better! We have seen nothing yet.

[@TanujAbhayKhanna]

Someone sold two different designs of ear rings to Christine Lagarde. And she mistakenly bought them.

[@sst6358]

she is evil

[@caleb2507]

who cares

[@pinkunathpinkunath3310]

Skill of grow globel economy on trading

[@leebarry5686]

Said I should invest more in oic countries

[@gloriatemael2510]

Explain to me im so behind wrld noe electric communication

[@Cryptocurrency1O1]

7:21 uncertainties

[@user-os2xv4lk1n]

Why is everyone suffering from high inflation? That's because your understanding kf growth is by investing and reinvesting into the same assets such as real estates,stocks, etc.. That's why normal people keep having rent / lease artificially getting inflated values. I am sure Buffett will agree

[@user-xr5jz6gf5h]

What we really want, what we should focouse on

[@geoffreynhill2833]

Creedy Gunts.😎

[@MartinValentinGakozi-pt7gl]

Nous vous remercions pour l'invitation et entièrement pour les meetings 2024.

[@Confidence_and_Fitness]

will pap tharman debate with ah loong to this level in partliment ?

[@hollywoods666]

A great thumbs-up to President of Red Dot 👍 👍 👍

[@TheHammerOfTheMeiteis7]

How do you hold an event like this and not learn how to pronounce the name of the President of Singapore?

[@nomanisanisland2109]

Just call him pineapple President.

[@jameskulevich8907]

Beware the self righteous…

[@twenisix]

very well said Indeed >STUPID WARS

[@Thisisthecow]

Good and agree, I thought no one heard this.

[@prabhakararaoaravapalli9050]

wars will improve US economy .. Hence the wars .. US is military super power and economic super power ( of cource a debt super power too with excess of 34 Tn$ of debt )

[@NormaPotot-gj6gb]

now i understand why a lot country love pilipinas

[@ricardoorellana3350]

For something to maintain stable and with forward momentum their needs to be 2 set boundaries. With no boundaries wealth inequality has free range

[@herexcellency4804]

I came to learn cus i will soon be attending for my country. Amen

[@martinmisty866]

He highlights the PSP’s commitment to proposing alternative policies aimed at improving public housing, job market fairness, and establishing a minimum living wage.

[@user-jo8ub5bb4j]

You will own NOTHING AND BE HAPPY

[@user-of4kw7hr5j]

Local currency exchanged between us

[@artankadriaj6893]

On my modest opinion, the number one global priority would be the fight against corruption in the broadest sense and from on individual level. to family, neighborhood, village, city, province, country, union, continent and global level. This should encompass privat and public sector and all professions, but first and foremost politician/decision makers. That is the main caveat of any progress and a global social contract. The second most important issue in the world today, is the existence of extremely antagonist system. One one side we have the developed economies and societies which rely on liberal democracy, and on the other side we have emerging and underdeveloped economies and societies that rely on dictatorship or autocracy, which, as mentioned above, are fundamentally different on their goals and priorities. When the liberal democracy system will prevail in the whole world and countries will let go ideologies proven by time either part of the past or as failures, ie communism, socialism, autocracy, dictatorship, imperial, monarchic etc, then a global cohesion and synergy will be created. Only then, can the world deeply reform the imperfect liberal democracy.

[@ayoebi7666]

thanks for service Ms christian

[@feegureeetout]

Arrogance at its absolute finest.

[@Ludicanti]

Yes, ma'am.

[@user-nt6fn9zw6f]

Important is singapore had changed to a multi-nation country (multi-nation-singapore) so even with the saf soldiers also no use, it's the pap party mistakes and there's no way to u-turn back.

[@ryanchicago6028]

South Park (Colorado): "Oh look! Starvin' Marvin it's our appetizer!" (Cartman) "(puzzled)" (Starvin' Marvin) "It's what you eat to make you more hung-y" (Cartman) "App-eee-tizer! (smiles)" (Starvin' Marvin) "(Cartman eats his and Starvin' Marvin's appetizers)" "(Starvin' Marvin frowns sadly)" ~ Fin ~

[@dawnshire2069]

Need to look at the big picture of green energy industry.

[@AussiG1]

all these rich people in one room its almost to good to be true

[@JonRaborn-gp4ff]

Hello to the global financial economic forum & alen grahm.

[@Ludicanti]

Now, what did you mean by rate cut?

[@abdulbaqiyunasi6836]

Thank you very excellent debate and hope the world will not forget Afghanistan. Most of the Afghan population are leaving in poverty. and the rate of employment is very low most of the youth are unemployment.

[@sarasara-uo7zf]

All savings rich collected!!!

[@Sgfan]

In another universe, imagine TKL on the panel...

[@KiranKumari-ee9ux]

Many more wishes 🙏🎉🎉

[@Ludicanti]

Well. I wish all the best No tengo mas fuerzas.

[@e-readers]

有需要整理成中文摘要的幫我+1一下

[@libra211061]

the old people are set in the old paradigm and don’t want to give up thier lavish luxurious lifestyles

[@IRENE-iv4xl]

The fact that we are fighting global poverty as a TEAM globally is a reassurance that we are God's big family and TOGETHER we can achieve the IMPOSSIBLE.

[@scrapplepig]

So they will take money from people that worked all their lives and hand it out to people that have done nothing. Sounds like the US now. I guess you are on the receiving end, right?

[@Think-dont-believe]

Bot..

[@DigitalDivotGolf]

Not a single positive comment about these people and organizations so why are we not doing anything about their agendas?

[@teamhodge6226]

What to do? Aside from refusing to go along with the enslavement agenda on a individual basis. The government's of the world are all in on this madness. Because the government's are controlled by the puppet masters behind the scenes.

[@libra211061]

friendships create growth and prosperity

[@Ludicanti]

Not me.

[@pavelsmith2267]

When the Commissioner walk into room; you think "Snap-Dragon Flower"! GTA ATA H.E.M.I. DAY1 E.R. HOORAY 👏

[@03Griffen]

Hey G.G. is here too! bystander somewhere in a small island

[@george_anak_lihi]

take clean now crisis global economic in setting system tq😊

[@tammybabb6647]

Hell No to the Wef! Absolutely NOT!

[@naknak978]

why they are always looking at each other every time they mention "New Normal" and "Major War" are they knowing something we don't ??? WW3 ???

[@supermillion]

the Best world econom forum

[@wondersall6916]

The US representative doesn't seem to see that the world is not just the US.

[@jentorninos.ballen9269]

masaya n kayong lahat nasira buhau ko nakaraos ngayon wala na ung taong pinaka malaga sa buhay mo

[@aihong2971]

No Chinese representative.

[@cyrptolover]

Well they have a history of not showing up... extremely shady economy....

[@fearless2567]

Because their not important. 😊

[@alexanderg9670]

​@@fearless2567Approaching quarter of the world economy and main factory. Sure, sure

[@dahaf-hakarAB]

السلام عليكم و رحمة الله و بركاته. بسم الله الرحمن الرحيم .. عندما يتم تدوير الكلمات إلى تنظيم يغير ما يفهم عليه الناس من متغيرات الكلام العربي تعكس بنظام الأحرف العربي إلى انجليزية بمكتوب عربي ، ذلك يعطي دافع على استعمال المدخلات على تنظيم يغير ما يتم كتابته إلى تعامل لا يفهم به الا صاحبه ، وهذا هو الذي يدل على جنون صاحبه اذا تكلم و ما يريد أن يعمل به بنظام المعاكسات و ما يختلف عليه الناس من تعامل نظامي الصناعي ، اذا كيف يخرج الإنسان من هذا النظام الا بسلسلة الجنون و ما يتحدث به وما يعطي نتائج جنونية وغير مفهومه لصاحبه أمام الجميع ، و هذا ما تحدثنا به سابقاً عن نظام كلامنا السابق .

[@ricardoorellana3350]

KZbin should create a instant trademarked button not a like

[@adamblake-rl9hn]

Before raising taxes. Stop waistful spending, imbezzelment, insider trading, pay raises for gov. Officials, subsidies to other countries 57:54 and misoprpiated funds. Then there is plenty of money.

[@kaminip]

Oh Dear! Every few years we see the same recommendations - "this new normal" is the same as the last "new normal! I think the underlying currents that one of the speakers highlighted - aging population, political polarisation, climate and stupid wars sums up what needs to be tackled. The problem is all this talk and words are true, but needs action and good leadership.

[@adambutler3610]

I call this the crazy economic forum all about controlling what we can do and say and none of you will get away with what your planning to do to us all.

[@ericadkins3169]

Outstanding ❤

[@itakarerio2821]

What is so outstanding I wonder?

[@pavelsmith2267]

My TRISTATE AGENDA produces an Interactive Economy. Logistics improved to yes; a nearly normal state! Why bother to say no? Could you try yes; perhaps another twenty four years from now? This Century has turned.

[@jentorninos.ballen9269]

Kayo po matalinong taong mang lalaro ang isang taong ng laro na winasak ninyo ang buhay ng isang tao

[@scrapplepig]

We must fund, we must invest more, carbon taxes..we need funding from the private sector but the governments must invest more. We need subsidies for venerable households. We must raise up the developing countries. Where are we going to get the 650 trillion dollars to do all of this.

[@johndoolan9732]

Rethinking of all to agree on the writings subsidies now communication started