1、Chief Economists OutlookCentre for the New Economy and SocietyMay 20232Chief Economists OutlookDisclaimer This document is published by the World Economic Forum as a contribution to a project,insight area or interaction.The findings,interpretations and conclusions expressed herein are a result of a

2、collaborative process facilitated and endorsed by the World Economic Forum but whose results do not necessarily represent the views of the World Economic Forum,nor the entirety of its Members,Partners or other stakeholders.2023 World Economic Forum.All rights reserved.No part of this publication may

3、 be reproduced or transmitted in any form or by any means,including photocopying and recording,or by any information storage and retrieval system.3Chief Economists OutlookChief Economists OutlookMay 2023This quarterly briefing builds on the latest policy development research as well as consultations

4、 and surveys with leading chief economists from both the public and private sectors,organized by the World Economic Forums Centre for the New Economy and Society.It aims to summarize the emerging contours of the current economic environment and identify priorities for further action by policy-makers

5、 and business leaders in response to the compounding shocks to the global economy from geoeconomic and geopolitical events.The survey featured in this briefing was conducted in March-April 2023.4Chief Economists OutlookContentsExecutive summary _ 5 1.The weight of uncertainty _ 7Broad-based growth r

6、emains elusive _ 7Prices continue to cause pain _ 92.Financial sector tremors _ 12Bank collapses dent confidence _ 12Interest rates in the spotlight _ 143.The changing face of globalization _ 17The return of industrial policy _ 17The reshaping of global supply chains _ 19References _ 22Contributors