Business Daily What’s next for the global economy in 2025?
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Jan 6, 2025 
Faisal Islam, BBC’s Economics Editor, and Dharshini David, Chief Economics Correspondent, dive into the future of the global economy. They tackle rising debt, inflation, and political tensions while exploring potential opportunities as we approach 2025. The conversation highlights the impact of U.S. trade policies and tariff strategies, as well as insights from the OECD and IMF on emerging economic growth. They also discuss surprising calmness in commodity markets amidst geopolitical turmoil and introduce intriguing concepts like 'bond vigilantes' and quantum computing.
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2025: A Pivotal Year for Economic Policy
- 2025 will be an important year for global economic policy, full of changes and strategies.
- This depends on whether the new US president uses tariffs as leverage, potentially starting a trade war.
Global Growth Outlook: Reasons for Optimism
- Some past crises, like the spike in inflation, are now over, and the central path for global growth doesn't look too bad.
- There are jitters around fiscal and trade policy, but an immediate crisis may not be on the horizon.
US Tariff Threats: A Serious Reshaping Tool
- It's important to assume that the incoming US president's tariff threats are serious.
- His likely Treasury Secretary supports tariffs, viewing them as a strategic tool to reshape the world's economic landscape.