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While a growth slowdown could be cushioned by ultra-loose monetary policy among the world's major central banks, it also may trigger new debt crises in emerging markets.
That’s why the World Economic Forum gets granular in its risk survey, asking business and government leaders about a more detailed range of threats—and analyzing how those threats influence ...
Outside of North America, if tariffs are imposed on European imports, another major US trade partner, the euro is forecast to reach parity with the dollar. As of Wednesday, it was trading at 1.04.
This list of global issues presents problems or phenomena affecting people around the world, including but not limited to widespread social issues, economic issues, and environmental issues. Organizations that maintain or have published an official list of global issues include the United Nations, and the World Economic Forum.
The 2020 study finds that economic globalization has decreased security of global supply chains with most countries exhibiting greater exposure to resource risks via international trade – mainly from remote production sources – and that diversifying trading partners is unlikely to help nations and sectors to reduce these or to improve their ...
They note that in the period since the late 1990s, there was a surge in economic activity in the developing world. Prior to the late 1990s, only 30 percent of the developing world or 21 countries out of 72 were catching up to the United States as the economic frontier, but since the late 1990s that number jumped nearly 75 percent or 75 out of ...
Donald Trump threatened a 100% tariff on nine nations that make up BRICS, including Brazil, China, and India. It'd affect many goods the US imports.
Globalization can be partly responsible for the current global economic crisis. Case studies of Thailand and the Arab nations' view of globalization show that globalization is a threat to culture and religion, and it harms indigenous people groups while multinational corporations profit from it.