How 2024 elections will shape the global economy | DW Business

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Published 2024-07-16
The International Monetary Fund says the world could see "significant swings in economic policy" depending on the outcome of elections this year. It’s just one of the messages in the IMF’s most recent economic outlook, which also describes how trade between geopolitically aligned nations is increasing at the expense of existing bilateral ties. DW Business speaks with the IMF’s chief economist Pierre-Olivier Gourinchas.

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#economy #IMF #business

All Comments (21)
  • @bars4745
    Western companies have made very high profits in the past by investing in China and benefiting from globalization. As China developed and created its own brands and became a rival to western companies, it became the target of the West.
  • @mimikrya8794
    Correction: Trade between geopolitical partners is not a consequence of the war in Ukraine but sanctions imposed by the West.
  • @DilshanHadi
    The world is still enough large to unite entire World for our children. : "World is one family"
  • @goodphone156
    This one second me don't understand much! This insists on saying that protectionism is not a good thing, while in my opinion it is necessary and still insists on carrying forward the concept of globalization, which in my opinion was a wrong idea from the beginning, we must give up the concept of globalization until there is not total collaboration in the world, that currently don't exist!
  • @garethl738
    6:47 - “Connector country trade”- this shows supply chains have become longer, not stronger. The US is merely placing another country (like Vietnam or Mexico) in between its trade with China. This creates new risks with the new nodes, it doesn’t reduce the US’s China risk or dependency.
  • Very helpful - Thank you Especially appreciate d the questions from the interviewer.
  • @regina-vb5ik
    The global growth rate doesn't matter if you're own growth is stagnant.
  • Thanks, Katie of DW and IMF Chief Economist Pierre Olivier Gourinchas for his objective analysis of the world's economic landscape.
  • @keirenle
    Trump is winning and the EU would have to go alone. That is the biggest challenge.
  • @zuggernautz
    We need to stop pretending renewable energy alone could fulfill today's needs, let alone the future. We also ignore the fact nuclear power exists. So much stupidity.
  • IMF 😂😂😂😂😂😂 has a long history of "extremely accurate" predictions😂😂😂
  • How does proximity, shipping costs/water levels (climate change) and fuel surcharge impact World Trade and local economies (jobs)? 0:12
  • @gchecktv9194
    Man, they gonna be heartbroken when Trump loses big!
  • @JCSY1
    The US and EU are declining very fast as growth shift towards east to Asia and the developing global south.
  • 一三五崩溃,二四六威胁 为什么今天周三却。。。 难道因为时差,今天算周二?
  • @chvron203
    IMF doesn't need to be concerned with how much money countries are spending.
  • IMF is the problem. How they can dictate countries such as African countries. When no one lissten them thier economical concerns and periorities.
  • TRADE is the best remedy, know what you need and what is .not profitable to manufacture where you are . TRUMP AGA , DEFICITs not an issue, the issue is JOBS and livelihood. WHO know, after a REAL TALK with China, why not BONDED AREAS for MANUFACTURING. Less All types of tax for citizens able to buy , QUALITY is never an ISSUE, it is to US STANDARD. EXport GETS more benefits and MADE IN USA ??????