Asian Development Bank (ADB)’s Post

In this new paper with Sergii Meleshchuk and Robert Zymek, we show that geopolitical distance acts as a barrier to trade, and the long-run impact of geopolitical fragmentation is sizeable and highly heterogeneous across countries. In particular, smaller economies and those not closely aligned geopolitically with a major global market suffer the largest real-income losses. We also show that potential measures that non-aligned countries could take to mitigate the fallout from geopolitical fragmentation—such as deepening regional trade integration—would only reduce their losses to a limited extent. Divided We Fall: Differential Exposure to Geopolitical Fragmentation in Trade (imf.org)

Conflict Echo: How Two Nations in Turmoil Affect Global Economies In a world tightly woven by trade and finance, conflict between two nations sets off a chain reaction with global consequences: 1. Trade Tumult: Disrupted supply chains and imposed tariffs send shockwaves through international trade networks, impacting businesses worldwide. 2. Market Jitters: Investor uncertainty leads to market volatility, causing fluctuations in stocks and currencies on a global scale. 3. Financial Institution Strain: Banks with exposure to the conflict face risks, potentially destabilizing the global banking sector. 4. Investment Chill: Ongoing conflict deters both foreign and domestic investment, contributing to a broader global economic slowdown. As the economic fallout spreads, the world must grapple with the far-reaching implications of regional disputes, emphasizing the need for swift and coordinated responses to restore stability. #globaleconomyimpact #conflictrippleeffect #tradedisruptions #financialvolatility #marketuncertainty #economicfallout #geopoliticalrisk #financialstability #globaltradeimpact

In contrast to its approach to Western-led institutions like the IMF and World Bank, China is using BRICS to promote the use of local currencies in trade, support rules-based global trade, and reform global governance to better reflect developing country interests. BRICS expansion is seen as a sign of the shifting global balance of power.

Interesting to see how the current phase of #slowbalization (concept by IMF) of international trade will evolve in the future and who will benefit more. Winners of previous two phases have been USA and China.

Did you know digital trade accounts for a whopping 54% of global services trade? 🌐💻But many developing countries are yet to fully benefit from this digital boom. A new report by the IMF, the World Trade Organization and other international institutions sheds light on issues where global solutions can help make global digital trade more inclusive🔗https://ow.ly/nvF150QkzOC International Monetary Fund #DigitalTrade #InclusiveEconomy #DigitalInclusion

In the coming week, global markets and policy elites are bracing for a series of key events that could significantly impact the global economy and investment climate. In China, the annual session of the legislature, known as the "two sessions," will determine budgets and strategic plans for the economy, trade, diplomacy and defense. In the United States, attention turns to Super Tuesday, a key moment in the pre-election calendar that may provide a clearer picture of the country's political direction. On the economic front, the market will be closely watching the BoC and ECB announcements, which are expected to leave interest rates unchanged. Here's what you need to know to start the new week successfully. #investments #riskmanagement #assetmanagement #algoimperial #markets #economy #finance #capitalmarkets #earnings #bank #fed #futures #inflation #algotrading #ai #forex #czechrepublic #oil #china #FED #FOMC #BOE #UK #PBOC #ECB

International Monetary Fund ( IMF) IMF COUNTRY INFORMATION https://lnkd.in/gK2qZ7es   Detailed information is available on each country in 4 categories. 1 Country News 2 At A Glance 3 Country Data 4 See All Documents

While global growth has been showing resilience with positive short-term prospects, structural issues such as fragmentation, protectionism and #climatechange are set to impact the medium to longer term economic outlook. Will we see fragmentation escalate? What is the impact of ongoing regional conflict? As #trade patterns reshuffle, what is the role of multilateral development banks? Read analysis from BNP Paribas Head of Markets 360 Luigi Speranza and guest speakers at our recent Global official Institutions Conference: https://bnpp.lk/EYg1jb #macroeconomics #economy #finance Luigi Speranza Andrew Cross Sébastien Jean Petya Koeva Brooks Laurent Leveque 

AfCFTA is going to be a significant part of the G20 2023 Summit and discuss the matters related to uplifting the global economy and facilitating global trade and investment. #globaltrade #g20summit #G20Bharat #g20countries #g20summit2023 #g20india2023 #afcfta2023 #afcfta