19 Hrs
اقتصاد سكاي نيوز عربية
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اقتصاد سكاي نيوز عربية

2026-10-06T10:10:39.000Z

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World Bank lowers growth forecasts

World Bank lowers growth forecasts

The World Bank has raised its forecast for the growth of East Asia and Pacific economies in 2026 to 4.5%, driven by the global surge in artificial intelligence that has significantly boosted the region's industrial and technological exports—particularly AI-related products, which accounted for more than half of export growth in some countries, with South Korea's exports increasing by 83.5% in September. However, the report warned that the increasing reliance on AI technology could make Asian economies more vulnerable to major disruptions if global spending on the sector declines, especially given the rising global investment in AI, estimated at around 6% of U.S. GDP—a level that raises concerns and resembles a potential financial bubble. The report also highlighted that the sources of funding for this growth, especially through the private sector, are less transparent and could face risks during economic downturns, with concerns about a possible slowdown in financing for technological projects due to rising interest rates and the tightening of monetary policies.

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