Article
The Global Economy Is Entering a More Expensive Growth Model
The IMF’s April 2026 World Economic Outlook points to a global economy that is still growing, but under heavier structural pressure. AI investment, supply chain rewiring, defense spending, tariffs, debt, and energy volatility are pushing the world toward a costlier version of growth where resilience matters as much as efficiency.
The global economy is still growing, but the model underneath that growth is changing. For decades, companies and governments optimized around efficiency. Supply chains became leaner. Production moved wherever costs were lowest. Energy, shipping, finance...
