up to 7% of the global Economic output can be lost due to severe fragmentation of the global economy decades later of The International Monetary Fund said that increasing economic integration in a new Staff report.
But losses can reach 8-12%. in Some countries if technology he also said the International Monetary Fund.
Even a limited hash could shave 0.2% off global She warned but said that GDP more work Estimated costs were needed to be evaluated international monetary system and the global financial safety net (GFSN).
The memo, which was issued late Sunday, indicated that global Float of Goods and capital settled off distance global financial calamity of 2008-2009 boom in trade seen limitations in subsidiary years.
COVID-19 pandemic and Russia invasion of Ukraine underwent more tests international Relationships and increasing suspicions about the benefits of Globalisation “.
She said deepening trade Relations led in Big discount in global poverty for years with the benefit of low-income consumers in developed economies through lower prices.
disintegration of trade Links’ more negative impact on lower incomes countries and lower quality-off consumers in advanced economies.”
restrictions on Cross-border migration will deprive host economies of valuable skills while reducing remittances in economies sending immigrants. lower capital inflows reduce foreign direct investment, while a decline in international Cooperation would pose risks to governance of very important global public goods.
The International Monetary Fund said that current studies indicate that more The deeper the fragmentation, the higher the costs, with Technological separation, greatly amplified losses from trade restrictions.
He pointed out that emerging market economies and low-income people countries Likely to be in the most risk like global economy Transfer to more “financial regionalism” and fragmented global premium system.
for less international risk-sharing, (global economic fragmentation) can lead to higher macroeconomic volatility, more Severe crises and greater pressures on national He said “.
Maybe also weakens ability of the global community to support countries in Crisis and complexity of the decision of future sovereign debt crises.
