#Global Economy

The Global Economy for 2023 continues to see slow growth as the war with China is still ongoing. With unrest in the UAR, CSA, Burma, Columbia, and other nations around the world the global economy will not see much growth.

Global Economy will be 0%

#Regional Economy

##North America and Mexico

With a more stable Mexico in the region this area has seen it's economy improve.  Worry over Mexican militarization and and global intervention has some investors a little nervous however the region over has been stable and will see growth.

North America and Mexico will be +1%

##Latin American and the Caribbean

Last year this region seen enormous growth due to their mainly staying out of the war in China and stability within their region.  However, with Columbia seeing fighting this regions economy has slowed down slightly but will still see positive growth for the second year in a row.

Latin American and the Caribbean will be +1%

##Western Europe

Concern still swarms over this region after the incident took place between Greece and Germany over a failed debt agreement where Greece siezed German assets and Germany levied sanctions against Greece.  That coupled with Hungary leaving the Austria-Hungary union this regions economic growth has dropped even more so, bringing them into negative growth for the year.

Western Europe will be -1%

##Middle East and Northern Africa

The Middle East and Northern Africa have erupted into violence and unrest after a major crisis hits the UAR.  Investors have fled this area due to not being able to trust that their assets and investments would be kept safe.  Due to the massive unrest and violence in this region the economic climate dropped two points.

Middle East and Northern Africa will be -1%

##Sub-Saharan Africa

Tension have died down in the Sub-Saharan Africa besides a few threats of violence.  With investors leaving the Middle East many are flocking to the now slightly more stable region of the Sub-Sahara Africa.  This region has seen a jump in 1 point to their economic climate.

Sub-Saharan Africa will be +1%

##Central Asia and Eastern Europe

War continues between Russia and China even though a ceasefire is in place.  No peace treaty or return to normal relations has happened which keeps the economy growth low in this region.  Due to continued stability in this region has caused it to be raised out of the negative growth range.

Central Asia and Eastern Europe will be 0%

##South Asia

With the war with China still not seeing peace this region shows slow signs of relief.  Even though a ceasefire is in place consumer and investor confidence remains low without the signing of a peace deal.  Himalaya is seeing civil war and war is on the horizon with Burma causing this region to slip back into negative growth.

South Asia will be -1%

##East Asia and Pacific

China was hit hard during the war which technically continues on.  A few peace deals have been signed but not all belligerents have resolved the conflict yet.  The rebuilding of China will take a long time and no progress to do so has been made.  Burma has went extremely radical this year with a new government causing many nations in the region to go to war yet again.  This region slips back into negative growth.

East Asia and Pacific will be -1%

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[Regional Map](http://i.imgur.com/NjirOdH.png)

[Budget Calculator](https://docs.google.com/spreadsheets/d/1ltHDEqT5tGmsWHrBQB7YGpjoOhzdFEFFtWn8gflD2EE/edit?usp=sharing)

[Budget Calculator Tutorial](http://www.reddit.com/r/worldpowers/wiki/gdpcalculator)

[Budget and Economy Mechanic](http://www.reddit.com/r/worldpowers/wiki/codeofethics#wiki_economics.3A)

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#Previous Budget Information

* [2023](http://www.reddit.com/r/worldpowers/comments/369ksl/modpostbudget_mechanic_revision_and_2023_global/)

* [2022](http://www.reddit.com/r/worldpowers/comments/35hnk8/modpost2022_global_and_regional_economic_climate/)

* [2021](http://www.reddit.com/r/worldpowers/comments/34prjp/modpost2021_global_and_regional_economic_climate/)

* [2020](http://www.reddit.com/r/worldpowers/comments/33xxmw/modpost2020_global_and_regional_economy_budget/)

* [2019](http://www.reddit.com/r/worldpowers/comments/33bdub/modpostthe_global_economy_roll_for_2019_and_2020/)

* [2018](http://www.reddit.com/r/worldpowers/comments/31ra83/modpostthe_global_economy_roll_for_20172019_is_2/)

* [2017](http://www.reddit.com/r/worldpowers/comments/31ra83/modpostthe_global_economy_roll_for_20172019_is_2/)