The combination of a young population and abundant natural resources provides a foundation for long-term economic growth in Africa. In the Middle East, the prospects for future growth are significantly correlated to oil and gas exports.

With a population of more than 2 billion, and an ambitious agenda for economic integration in its key sub-regions, the Asia-Pacific region is well-placed to achieve growth based on the contribution of key value chains and its most robust economies. However, the region is heavily dependent on international trade.

The generally advanced economies of Europe and North America face long-term challenges in maintaining economic competitiveness and finding new sources of productivity. However, despite considerable short-term headwinds, the corporate sector's strength, particularly in the US, favours further growth through international trade and investment.

The economic impact of Covid-19 remains evident in recent economic performance. Still, the region, with a market of more than 650 million people and vast natural resources, has untapped potential for sustainable growth linked to a more diverse export base and investment in new industries such as renewable energy.