What's China's vision for the BRICS group?
World Today
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Navigating Global Economic Challenges
This chapter explores the current state of the global economy as analyzed by the International Monetary Fund, focusing on growth forecasts and the repercussions of geopolitical tensions. It highlights critical issues such as rising inflation, international trade decline due to protectionist policies, and the looming threat of global debt reaching significant levels by 2030. The conversation emphasizes the need for structural changes and a shift in focus towards emerging markets to foster sustainable economic growth amidst these challenges.
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