April 2023 update to TIGER: A perilous moment rife with risks

The latest update of the Brookings-FT TIGER indexes (Tracking Indexes for the Global Economic Recovery) underscores a perilous moment for the world economy, with persistently high inflation, banking sector turmoil, and geopolitical risks threatening to derail growth. There are a few bright spots, with China and India, in particular, likely to register strong growth. The proliferation of risks on multiple fronts and the tightening of financial conditions are taking a toll on household and business confidence and are likely to impinge negatively on medium-term growth.

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