Global Growth to Slow through 2023, Adding to Risk of ‘Hard Landing’ in Developing Economies

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WASHINGTON —Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery in emerging and developing economies, according to the World Bank’s latest Global Economic Prospects report. Global growth is expected to […]