UNITED STATES (OBSERVATORY) – Increasing financial vulnerability, increasing trade and geopolitical tensions, and an unprecedented level of international debt pose a threat to the growth of the world economy, according to a statement issued by the Monetary and Monetary Affairs Committee. International Financial Center (IMFC).
The International Monetary and Financial Committee (IMFC), the governing body of the International Monetary Fund (IMF) , issued a statement listing the threats to the growth of the global economy.
“Increasing financial vulnerability, increasing trade and geopolitical tensions and unprecedented levels of international debt threaten the prospects for global growth,” said a statement issued after the meeting of the International Monetary and Financial Committee (IMFC).
As Committee members point out, the growth of the world economy is intensifying and is affecting more and more countries, which has become possible thanks to a sharp increase in the volume of investment and trade. Currently, the risks of slowing down or stopping economic growth are limited, but according to the IMFC, they will increase over the coming quarters.
The paper also notes that demographic factors and low rates of productivity growth could in the future reduce the prospects for higher and inclusive growth in the economy .