Archives 2026

Global economic growth refers to the increase in economic output in various countries and their interactions in the international economy. In recent years, this growth has faced various recent challenges that have affected its stability and sustainability. Some key factors contributing to this dynamic are the COVID-19 pandemic, geopolitical tensions, and climate change. The COVID-19 pandemic has had a significant impact on the global economy. Many countries experienced a recession, and sectors such as tourism and transportation were devastated. Even though recovery is beginning to be seen, uncertainty still lurks due to new variants of the virus and uneven distribution of vaccines. Developed countries are trying to speed up the vaccination of their populations, while developing countries are often trapped by resource constraints. This has resulted in differences in the pace of economic recovery between these countries. Geopolitical tensions, especially conflicts between major powers such as the US and China, also disrupt global economic growth. Trade wars and protectionist policies damage international trade flows, affecting the supply of goods and raw materials. This policy has the potential to slow growth because uncertainty in trade relations causes investors to hesitate to invest. Furthermore, economic sanctions against certain countries can worsen their economic situation and create a domino effect in the global economy. Climate change is another crucial challenge that affects global economic growth. With extreme weather phenomena becoming more frequent, many sectors, especially agriculture, are affected. Rising temperatures and uncertainty in energy supply due to new environmental policies can affect industrial competitiveness. If not handled seriously, climate change has the potential to reduce economic resilience and harm various productive sectors. Digital transformation and technological innovation are two sides of the coin in facing this latest challenge. The technology sector, including AI and e-commerce, is showing rapid growth, and provides an opportunity for the economy to adapt quickly. Digitalization also increases operational efficiency and encourages the creation of new jobs in the digital sector. Government policy also plays an important role in addressing this challenge. Fiscal and monetary stimulus issued by governments around the world aims to speed up recovery. Investments in green infrastructure and sustainability programs can help mitigate the impacts of climate change and create a more inclusive economy. This global uncertainty amidst economic growth creates an urgent need for international collaboration. Multilateral organizations must play an active role in creating policies that support sustainable and fairer growth. Synergy between countries to share technology and resources is important to ensure that global economic growth can be sustained and bring benefits to all parties. Finally, in response to these challenges, there needs to be a balanced approach in formulating economic policy. Integrating economic growth with social and environmental considerations must be a top priority in future policy formulation.