CEOs See Economic Glass as Half-Full

CEOs See Economic Glass as Half-Full


ZURICH — Corporate leaders are feeling much more bullish about the global economy’s short-term prospects than they did a year ago, according to a gauge that canvasses the views of hundreds of leading executives in dozens of countries.

PricewaterhouseCoopers’ 17th annual Global CEO Survey, released Tuesday, reveals that 44% of corporate bosses around the world now expect to see an improvement in the world economy over the next 12 months. Only 18% said that in last year’s survey.

On the reverse side, only 7% of corporate leaders think the global economy will become unstuck in 2014 compared to 28% in 2013.

The findings were unveiled in Davos on the eve of the kickoff of the annual meeting of the World Economic Forum, where a large swathe of the global business elite take up temporary residence in the Swiss ski resort for several days of discussions and workshops aimed at addressing some of the world’s most pressing and divisive concerns.