The World Bank has warned that the global economy is heading for its weakest decade of growth since the 1960s, dashing earlier hopes for a vibrant economic recovery in the 2020s. While gross domestic product has rebounded since the pandemic and shown resilience to various shocks, the pace of expansion is expected to remain sluggish, particularly in poorer countries burdened by high debt levels. The latest forecasts predict a slight slowdown in global growth this year, with advanced economies faring better than low income nations, many of which will be poorer than they were five years ago. The upcoming World Economic Forum in Davos will take place against a backdrop of deep geopolitical divisions, with leaders emphasizing the urgent need for dialogue amid global uncertainty.