CEO’s are optimistic amid terrorism, geopolitical uncertainty, says PwC at Davos
Optimism in global growth has more than doubled in the USA (59 per cent) after a period of uncertainty surrounding the election (2017: 24 per cent)). Brazil also saw a large increase in the share of CEOs who are optimistic global growth will improve (+38 per cent to 80 per cent).
The top three most confident business sectors for their own 12-month prospects this year, are technology (48 per cent ‘very confident&rsquo, business services (46 per cent) and pharmaceuticals and life sciences (46 per cent).
Watch Christine Lagarde, managing director of the International Monetary Fund, discuss the latest World Economic Outlook at the WEF on 22 January 2018