IMF Chief Says AI Investment Boom Sustaining Global Growth at 3 Percent, Benefiting Asian Economies

IMF Managing Director Kristalina Georgieva, speaking at the IMF and World Bank annual meetings in Bangkok, said that robust global investment in artificial intelligence infrastructure is sustaining worldwide economic growth at approximately 3 percent. She described the AI investment surge as a demand and investment shock capable of boosting advanced regional economies by up to one percentage point and emerging Asian economies by up to 0.8 percentage points, while also offsetting pressures from the global energy supply shock.

Global growth has held at around 3 per cent partly on the back of artificial intelligence infrastructure outlays, with hardware supply chains channelling trade gains to a number of Asian economies, Thailand included — a picture outlined by International Monetary Fund managing director Kristalina Georgieva in remarks to journalists. Speaking at the IMF and World Bank annual meetings in Bangkok, Georgieva characterised the surge of artificial intelligence investment as a dual stimulus to the global economy — functioning as both a source of demand and a driver of capital formation — and put forward projections under which output in advanced regional economies could rise by between half a percentage point and one full point, while emerging Asian economies might gain between 0.2 and 0.8 percentage points, a combined effect that, in her assessment, was keeping global growth anchored near 3 per cent despite the drag imposed by an energy supply shock.

IMF Chief Says AI Investment Boom Sustaining Global Growth at 3 Percent, Benefiting Asian Economies

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IMF Chief Says AI Investment Boom Sustaining Global Growth at 3 Percent, Benefiting Asian Economies

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