HKS Authors

See citation below for complete author information.

Professor of the Practice of Public Policy, HKS; Professor of the Practice of Economics, FAS

Abstract

The global economy is growing more strongly than expected this year, despite rising trade tensions and high uncertainty around US economic policy. Optimism about artificial intelligence (AI), particularly in the United States, has offset some of the drag from these factors for now. Still, growth is expected to slow across most major economies in 2026.

Citation

Dynan, Karen. "Global growth holds up despite policy headwinds and rising risks." Peterson Institute for International Economics (October 9, 2025).