Chief Economists Outlook May 2025
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4Chief Economists Outlook
Contents
Executive summary __________________________________________________________ 5
1. A world transformed ______________________________________________________ 7
Volatility weighs on the economic outlook _____________________________________ 7
Regional challenges ______________________________________________________ 11
2. An age of uncertainty ____________________________________________________ 21
Policy upheaval and coordination risks _______________________________________ 21
3. AI unleashed ____________________________________________________________ 27
The age of disruption _____________________________________________________ 27
Adoption and adaptation __________________________________________________ 31
References _________________________________________________________________ 35
Contributors _______________________________________________________________ 42
Acknowledgements _________________________________________________________ 43
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