Recession In 2024 World Bank. China’s first bank loan contraction in nearly two decades has fanned fears the world’s no. August 14, 2024 at 1:49 am pdt.
It emerged from the pandemic shock more quickly and more powerfully than many experts. Global growth is expected to slow to 2.4 percent in 2024—the third consecutive year of deceleration—reflecting the lagged and ongoing effects of tight.