World economy faces more pain in 2023 after a gloomy year

Paris (AFP) Dec 28, 2022

This was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022 was marked by a new war, record inflation and climate-linked disasters. It was a "polycrisis" year, a term popularised by historian Adam Tooze. Get ready for more gloom in 2023. "The number of crises has increased since the start of the century," said Roel Beetsma, professor of