This increases the risk of global geoeconomic fragmentation, the impact of which translates into massive growth in global growth.
According to IMF estimates, uncertainty about trade conditions alone has reduced global growth by around 1% in 2019.
In this regard, the IMF recommends reducing trade barriers to prevent shortages of goods and services and reduce prices for food and other commodities. In addition, the possibility of import diversification will strengthen the resilience of the overall economy. This salary is not only on an equal footing, but also on an equal footing companywhich should also seek overall diversification.
The IMF thus calls for the modernization of the cross-border payment system. Possible dysfunctional and limited international payments led to further developments. In this context, the IMF calls for the development and emergence of a global payments infrastructure with clear rules that make it possible to send funds at minimal costs with maximum speed and security. Such a platform should cover a wide range of currencies, including the digital currency of each central bank.
According to the IMF, the IMF will adjust to the full extent of climate change.
Vladimr Urbnek
In the field of “more than 20 years. After several years of hands-on experience of securities trading Vladimr Urbnek More than the last 15 years have been devoted to news from domestic and foreign capital markets.
He considers experience and speed compared to the time before the last major crisis in 2008-9 to be important.
“Tv nerd. Passionate food specialist. Travel practitioner. Web guru. Hardcore zombieaholic. Unapologetic music fanatic.”