Our world in 2025 is a complex and dynamic place, marked by both challenges and opportunities. The global economy is expected to face significant hurdles, with 56% of chief economists surveyed predicting weaker conditions. Protectionism, debt, and political uncertainty are major concerns, while global trade volumes are expected to rise despite these challenges ¹.
*Global Economic Outlook*
The International Monetary Fund (IMF) projects global growth to stay at 3.1% in 2024 and rise to 3.2% in 2025. However, this growth is unevenly distributed, with advanced economies expected to slow down while emerging markets may experience a modest acceleration. The US economy is predicted to experience a short-term boost, while Europe's growth outlook remains weak ².
*Major Global Issues*
- *Climate Change*: Extreme heat is breaking records worldwide, and climate change continues to worsen monsoon flooding, putting vulnerable populations at risk. The UN emphasizes the need for urgent action to address this global crisis.
- *Global Health*: Cholera outbreaks are spreading in Sudan and other parts of Africa, threatening thousands of children. The UN Children's Fund (UNICEF) is working to provide humanitarian support and prevent further outbreaks.
- *Food Security*: Global hunger has declined slightly, but inequalities persist. The UN's Food and Agriculture Organization (FAO) highlights the need for sustainable agriculture practices and reduced food waste.
- *Plastic Pollution*: Talks are underway to finalize a global agreement to tackle plastic waste and its impact on human health, marine life, and the economy ³.
*Geopolitical Tensions*
- *US-China Relations*: The tech competition between the US and China is expected to intensify, with implications for global trade and security.
- *Russia-Ukraine Conflict*: Ongoing tensions between Russia and Ukraine raise concerns about European security and territorial integrity.
- *Middle East Conflicts*: The Israel-Palestine conflict continues to destabilize the region, with the UN warning of a humanitarian crisis in Gaza.
*Future Prospects*
As we look to the future, several key issues will shape the international agenda ⁴:
- *Sustainable Development*: The Fourth International Conference on Financing for Development in Seville will focus on addressing global development challenges.
- *Climate Action*: COP30 in Brazil will aim to drive global climate action and finance.
- *Global Cooperation*: The world will need to navigate complex geopolitical relationships and find ways to cooperate on pressing global issues.
In conclusion, our world in 2025 faces numerous challenges, from economic uncertainty to climate change and geopolitical tensions. Addressing these issues will require cooperation, innovation, and a commitment to sustainable development and peace.