Global Economic Outlook: India's Growth Strong but China Slowing, AI's Impact Uncertain, Food and Climate Challenges Loom

India has strong economic growth projected at 6.3% for 2022 and 2023. Macroeconomic stability and public investment driving private consumption.

China's growth downgraded slightly to 5% in 2022. Concerns over property sector, aging population, productivity.

AI's impact on productivity uncertain. Could flatten pay structure. Regulation needed to ensure benefits.

Food insecurity increased due to Russia-Ukraine conflict, affecting low-income countries most. IMF taking measures to address it.

Climate change leading to more extreme weather events. Implications still small for global growth but significant for vulnerable countries.