World Bank Chief Economist Jill: The world is only a few months away from the worst-case scenario

World Bank Chief Economist Gill said that the world is only a few months away from the worst-case scenario, where global growth will slow down to 1.3% and inflation will rise to 4.5%. Under the impact of the Iran War, countries such as the United States and India have been largely protected, but developing countries with high debt levels face greater risks. Debt vulnerability has accumulated for many years, and some countries need debt relief. The escalation of the Middle East war and supply disruptions may push up inflation and interest rates. The upcoming development report provides the first comprehensive analysis of the readiness of developing countries for artificial intelligence, and developing countries will benefit from the improvement of artificial intelligence and related productivity.