Growth Gloom
The biggest concerns are over-regulation, trade conflicts and uncertain economic growth is rising, the report said.
The PwC survey, which was conducted from September to October 2019, is being launched as the World Economic Forum kicks off in Davos, Switzerland, Monday. WEF President Borge Brende last week echoed its tone, warning a press conference in London that “we are faced with a synchronized slowdown in the global economy. And we’re also faced with a situation where the ammunition that we have to fight a potential global recession is more limited.”