Chief Economists Outlook May 2025

40Chief Economists Outlook The Economist. (2025k). Computers unleashed economic growth. Will artificial intelligence? https://www.economist.com/finance-and-economics/2024/11/21/computers- unleashed-economic-growth-will-artificial-intelligence. The Economist. (2025l). The danger of relying on OpenAI’s Deep Research. https://www.economist.com/finance-and-economics/2025/02/13/the-danger-of- relying-on-openais-deep-research. The Economist. (2025m). AI unleashes a weird new genre of political communication. https://www.economist.com/culture/2025/02/28/ai-unleashes-a-weird-new-genre- of-political-communication. The White House. (2025, 12 May). Joint Statement on U.S.-China Economic and Trade Meeting in Geneva [Press release]. https://www.whitehouse.gov/briefings- statements/2025/05/joint-statement-on-u-s-china-economic-and-trade-meeting-in- geneva/. United Nations Trade and Development (UNCTAD). (2025a). Global Investment Trends Monitor, No. 48. https://unctad.org/system/files/official-document/diaeiainf2025d1_ en.pdf. United Nations Trade and Development (UNCTAD). (2025b). Debt crisis: Developing countries’ external debt hits record $11.4 trillion. https://unctad.org/news/debt- crisis-developing-countries-external-debt-hits-record-114-trillion. United Nations Trade and Development (UNCTAD). (2025c). Global trade in 2025: Resilience under pressure. https://unctad.org/news/global-trade-2025-resilience-under- pressure. United Nations Trade and Development (UNCTAD). (2025d). AI market projected to hit $4.8 trillion by 2033, emerging as dominant frontier technology. https://unctad.org/news/ ai-market-projected-hit-48-trillion-2033-emerging-dominant-frontier-technology. University of Michigan. (2025). Surveys of Consumers. https://www.sca.isr.umich.edu/. US Bureau of Economic Analysis. (2025). Gross Domestic Product, 1st Quarter 2025 (Advance Estimate) | U.S. Bureau of Economic Analysis (BEA). https://www.bea.gov/ news/2025/gross-domestic-product-1st-quarter-2025-advance-estimate. World Economic Forum. (2024). Governance in the Age of Generative AI: A 360° Approach for Resilient Policy and Regulation 2024. https://www.weforum.org/publications/ governance-in-the-age-of-generative-ai/. World Economic Forum. (2025a). The Global Cooperation Barometer 2025 – Second Edition. https://www.weforum.org/publications/the-global-cooperation- barometer-2025/.