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Conclusion
The recent global economic outlook identifies worrisome economic and financial trends with rising downside risks exacerbated by increased restrictions on world trade, hurting productivity and income; coupled with high global debt at US$247 trillion in the first quarter of 2018—or 225% of global GDP....
Autor principal: | |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
2020
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7365332/ http://dx.doi.org/10.1007/978-3-030-48763-8_9 |
Sumario: | The recent global economic outlook identifies worrisome economic and financial trends with rising downside risks exacerbated by increased restrictions on world trade, hurting productivity and income; coupled with high global debt at US$247 trillion in the first quarter of 2018—or 225% of global GDP. This, combined with declining profitability, weak bank balance sheets and increased risk from climate change have exposed most economies to tighter global financial conditions and capital flow reversals. |
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