Where Can New Growth Come From?

An unpredictable operating environment is weighting on global growth and traditional engines such as trade are expected to expand by just 0.9% in 2025. With debt-to-GDP reaching a record 95%, there is increasingly limited space for leaders to make drastic policy and operational changes. At the same time, AI is emerging as a key driver of growth in some economies, improving productivity, enabling new business models and accelerating innovation across industries.

What will be the new sources of growth and how can we ensure that the benefits are shared broadly?