Macro Insights Weekly - Notes from Marrakech: Polycrisis and resilience

16 October 2023


  • There was acceptance that a multitude of shocks have be confronted simultaneously. Post-pandemic scarring, wars, inflation, interest rate spikes, climate change, all need to be dealt with agility.
  • Global resource base and tools to deal with polycrisis are being expanded.
  • Climate change related support measures are still inadequate.
  • Between-and-within country income gaps are widening due to the shocks and varying policy responses
  • Asia is slowing, but still making up about two-thirds of global growth.
  • Parts of Asia may benefit from geoeconomic fragmentation, but it's a net loss for the world.