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World Risk Developments December 2022

In our final edition of the year, we look back at 2022 and forward to 2023…

We discuss the global economic slowdown amid higher food and energy prices, sharply rising interest rates, debt distress in some emerging markets and social and geopolitical tensions. We outline several key risks that could tip the world economy into recession. Against a challenging external backdrop, we discuss the factors shaping prospects for Australian resources, energy, agriculture and services exporters in the coming year.

Cassandra Winzenried, Chief Economist

Matthew Circosta, Senior Economist 

The views expressed in World Risk Developments are Export Finance Australia’s. They do not represent the views of the Australian Government. The information in this report is published for general information only and does not comprise advice or a recommendation of any kind.  While Export Finance Australia endeavours to ensure this information is accurate and current at the time of publication, Export Finance Australia makes no representation or warranty as to its reliability, accuracy or completeness.  To the maximum extent permitted by law, Export Finance Australia will not be liable to you or any other person for any loss or damage suffered or incurred by any person arising from any act, or failure to act, on the basis of any information or opinions contained in this report.