Global Economic Stability

Global economic stability refers to a balanced and predictable state of the world’s economy where growth is steady, inflation is manageable, and financial markets function smoothly. It ensures that countries can trade, invest, and create jobs without sudden shocks or crises causing widespread unemployment or recession. Stable economies promote confidence among consumers, businesses, and governments, fostering long-term development and improving living standards. Achieving this involves coordinated policies, responsible lending, and careful management of risks like inflation, debt, or external shocks, helping avoid drastic swings that could harm global prosperity.