Explain what are the downside risks around the global growth, Macroeconomics

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Explain what are the downside risks around the global growth

Problem

According to the latest figures (January 2023) from the IMF WORLD ECONOMIC OUTLOOK, Global growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023. Explain what are some of the downside risks around this global growth forecast in 2023?

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Macroeconomics: Explain what are the downside risks around the global growth

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