jonathanjosephs has been talking to the bank's deputy chief economist ayhan kose.tariffs on its biggest trading partners could reshape the global economy this year. as central banks continue to grapple with interest rates and inflation, strong economic growth would help. i put it to the world bank that its forecast was for the joint weakest growth since the joint weakest growth since the 2008 financial crisis. economic growth is stable. 2.7%, you can live with that, but the issue is that it is not sufficient enough. to basically make progress when it comes to the type of needs people need in advanced economies, in low income countries, we need higher growth. and when you look at it over a longer time period, growth numbers will come down. period, growth numbers will come down-— period, growth numbers will come down. that worries us. does that — come down. that worries us. does that mean _ come down. that worries us. does that mean that - come down. that worries us. does that mean that living i does that mean that living standards are going to continue to be squeeze

jonathanjosephs has been talking to the bank's deputy chief economist, ayhan kose.ssibility of escalating trade tensions between major economies. number two, you know, the policy uncertainty going up and the consequences of that for investment. and number three, of course, we are really worried about possibility of financial stress if interest rates remain elevated, that challenges become even larger for emerging developing economies. when it comes to those potential us tariffs, there are various scenarios laid out in your report saying that they will have a negative impact on global economic growth. does that not tell us that they are the biggest threat to global economic growth? anytime you introduce restrictions on trade, there will be adverse consequences. and those consequences are most often borne by the country that introduced those consequences. but the big issue is that for us to be able to basically provide a quantitative assessment of these tariffs, we need to know how much tariffs are going to increase. and we need to know what other policies are going t

jonathanjosephs has been talking to the bank's deputy chief economist ayhan kose.ssibility of escalating trade tensions between major economies stop number two, the policy uncertainty and the consequences of that on investment. number three of course, we are worried about the possibility of financial stress and interest rates remaining elevated. that charge has become even larger for the emerging developing economies. ivellum become even larger for the emerging developing economies.— become even larger for the emerging developing economies. when it comes to the potential _ developing economies. when it comes to the potential us _ developing economies. when it comes to the potential us tariffs _ developing economies. when it comes to the potential us tariffs there - to the potential us tariffs there are various scenarios saying that they will have a negative impact on google economic growth. does not tell us they are the biggest threat to global economic growth? it is to global economic growth? it is time ou to global economic growth? it 3 time you introduce restric