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The great economic divide: East-West split could cost world $6.9 trillion, WEF warns
The global economy is entering a new era, with globalisation giving way to geo-economic fragmentation. The shift could come at a steep cost, with the World Economic Forum (WEF) warning that a full economic decoupling between the East and the West could wipe out as much as $6.9 trillion from global GDP in 2025-26.
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thehindubusinessline.com
Global economic fragmentation could slash $6.9 trillion from world GDP: WEF
Global economic fragmentation could cost $6.9 trillion in GDP, exacerbating inflation and destabilizing emerging markets, warns WEF report.
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timesofindia.indiatimes.com
The great economic divide: East-West split could cost world $6.9 trillion, WEF warns
The global economy is entering a new era, with globalisation giving way to geo-economic fragmentation. The shift could come at a steep cost, with the World Economic Forum (WEF)…
