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During the survey preparation, interviews were conducted with representatives from international organizations (such as the World Bank, World Trade Organization, and International Monetary Fund), along with banks and major corporations.
Economists foresee a degree of stability in the financial sector, although they acknowledge that geopolitical tensions are currently impacting the flow of foreign direct investment, for instance.
The most evident effect of fragmentation will be on trade - 79% of those surveyed are confident about this. The analysts mainly focused on the trade of goods: 94% of economists foresee its continued fragmentation, whereas 59% mention a similar trend concerning trade in services. The primary factors contributing to deglobalization will include protectionism, the reorganization of supply chains, and issues related to national security.
Analysts do not foresee significant disruptions as the global trade environment, based on their assessments, has already adjusted to the ongoing intensification of restrictions. Nonetheless, to ensure steady supplies, trade participants must make more prominent investments: the interviewed experts concur that expenditures will increase rapidly in the coming three years.
source: weforum.org
Economists foresee a degree of stability in the financial sector, although they acknowledge that geopolitical tensions are currently impacting the flow of foreign direct investment, for instance.
The most evident effect of fragmentation will be on trade - 79% of those surveyed are confident about this. The analysts mainly focused on the trade of goods: 94% of economists foresee its continued fragmentation, whereas 59% mention a similar trend concerning trade in services. The primary factors contributing to deglobalization will include protectionism, the reorganization of supply chains, and issues related to national security.
Analysts do not foresee significant disruptions as the global trade environment, based on their assessments, has already adjusted to the ongoing intensification of restrictions. Nonetheless, to ensure steady supplies, trade participants must make more prominent investments: the interviewed experts concur that expenditures will increase rapidly in the coming three years.
source: weforum.org
