Abstract:
Experts rate current economic uncertainty in their country as high, at 60.7 on a 0-100 scale on average * Geopolitical tensions and conflicts are considered the primary driver of uncertainty * Key structural vulnerabilities are weak institutional and governance frameworks, followed by high dependence on commodity imports * On average, experts estimate that uncertainty lowers expected GDP growth by 0.8 percentage points * Economies are seen as resilient where shocks can be buffered quickly but weak where resilience must be built over time
