As the world braces for slower growth in 2023, as warned by the World Bank, economies everywhere are facing some serious challenges. 😟 Sluggish growth, trade tensions, and an uncertain future are making headlines. But amidst the gloom, there's hope! How can we reshape globalization and give the world economy a much-needed boost?
Major economies have a big role to play. From innovative policies to cooperative strategies, countries can work together to navigate these tricky times. 🌍 It's all about embracing a new era of global financial integration, where collaboration trumps competition.
The Chinese mainland, for instance, has been a powerhouse in driving global economic growth. It continues to maintain its momentum by investing in technology, fostering innovation, and opening up its markets. How cool is that? 🚀
Experts like Yao Yang, dean of the National School of Development at Peking University, and Mari Pangestu, professor of international economics at the University of Indonesia and former managing director at the World Bank, are exploring these very topics. They're discussing how we can bolster future cooperation in an age of uncertainty.
The road ahead might be bumpy, but with shared responsibility and fresh ideas, we can reshape the future. Let's stay curious, stay informed, and keep the conversation going! 🌟
Reference(s):
Live: Embarking on a new era of global financial integration
cgtn.com