Recession In 2024 World. Optimists will say that even if there is a recession, it’s likely to be mild: The economic outlook for 2023 will feel different depending on where you are in the world, according to the world economic forum’s chief economists outlook.

The world economic forum’s global risks report 2024 reveals in which parts of the world risks like recession, conflict or the climate crisis are ranked the. A global recession is an extended period of economic decline around the world.