Why Is the Global Economy So Resilient?

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News Source : Project Syndicate

News Summary

  • Although various political and policy-driven risks could change the outlook, they remain less likely than the relatively benign baseline scenario.
  • Following the shock of US President Donald Trump’s “Liberation Day” (April 2) tariffs in 2025 came this year’S Iran War, which caused the largest energy shock since the oil crises of the 1970s.
Oct 2, 2026Nouriel Roubini With the global economy having weathered major trade and energy shocks over the past two years, growth should improve in 2027, and inflation should fall.

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