How 2024 elections will shape the global economy | DW News

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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[bars]

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.

[mimikrya]

Correction: Trade between geopolitical partners is not a consequence of the war in Ukraine but sanctions imposed by the West.

[iainmackenzieUK]

Very helpful - Thank you
Especially appreciate d the questions from the interviewer.

[garethl]

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.

[goodphone]

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!

[biswanathmukherjee]

Thanks, Katie of DW and IMF Chief Economist Pierre Olivier Gourinchas for his objective analysis of the world's economic landscape.

[JCSY]

The US and EU are declining very fast as growth shift towards east to Asia and the developing global south.

[keirenle]

Trump is winning and the EU would have to go alone. That is the biggest challenge.

[comchadelalora]

IMF 😂😂😂😂😂😂 has a long history of "extremely accurate" predictions😂😂😂

[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.

[苏莱曼-yo]

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？

[Valuable]

Interest rates in Turkey are 50... the most important is; Turkey gives the highest interest rate in the market of developing countries!!! At least 2 years to fix the economy and 30% of the real dollar interest rate has to do this... the best market for money Turks!!!!

[fooleyadaawe]

IMF is the problem. How they can dictate countries such as African countries. When no one lissten them thier economical concerns and periorities.

[WillFred-gg]

A failing U.S. economy and elevated global tensions reduce the likelihood of prolonged inflation or higher long-term Treasury yields. I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich

[chvron]

IMF doesn't need to be concerned with how much money countries are spending.

[HairyPinkTroll]

How does proximity, shipping costs/water levels (climate change) and fuel surcharge impact World Trade and local economies (jobs)? 0:12

[AstronotAmatir]

There are many solutions if you really want to solve this global economic problem.

Poor people must be educated without them asking for education for the sake of humanity, the capitalist and communist systems must be combined, if America wants to be a global leader, don't be shy. I'm sure all countries agree, because so far all countries just don't understand it.

Let's put aside the war, world emergency economic peace

[gchecktv]

Man, they gonna be heartbroken when Trump loses big!

[bojankunstelj]

The crisis of all crises' is announced by the strongest strategists, that's why they are removed from the radar

Photo: Milan Trenc
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Author
Valentina Wiesner
24.08.2024.
at 06:54
Is the worst crisis in history or stagflation coming? Analysts assure: That is certain! They only wonder what her temper will be like

[regina-vbik]

The global growth rate doesn't matter if you're own growth is stagnant.