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World Risk Developments October 2024
World Risk Developments October 2024
In this month's edition of World Risk Developments, we review the following economic and political forces shaping the world:
- Australia—Weak demand, cost pressures raise business insolvencies
- Advanced economies—Declining inflation supports consumer spending
- Asia—Economic resilience supported by trade recovery
- Hong Kong—New initiatives aim to spur economic growth
- Sri Lanka—Economic recovery in train as new President takes office
- PNG—Strong IMF reform progress but FX and economic issues persist
Cassandra Winzenried, Chief Economist
Cassandra.Winzenried@exportfinance.gov.au
Matthew Circosta, Senior Economist
Matthew.Circosta@exportfinance.gov.au
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