World Economic Forum 2018: Optimism in global economic growth soars

With global growth on the upswing, business leaders are increasingly more upbeat about the prospects of the world economy.

Fifty-seven per cent of business leaders surveyed by PwC say global growth will improve in the coming 12 months. This is roughly twice the level seen last year.

This rise in optimism is in turn boosting confidence over business prospects, with 42 per cent of chief executive officers surveyed saying they are “very confident” of their organisations’ growth prospects over the next 12 months, up from 38 per cent last year. 

The US retains its position as the