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Global Economy

Challenges faced by Global Economy

The global economy is facing a number of challenges in the present day. Today, no country can survive in isolation. Every country is dependent on the rest of the world and vice versa. Trade is the most important factor dictating a countries economic  growth. Most pressing challenges to the global economy include: Inflation:  Inflation is rising in many countries around the world, driven by factors such as supply chain disruptions, increased demand, and the war in Ukraine. Inflation can have a negative impact on economic growth and living standards. Climate change: Climate change is a major threat to the global… Read More »Challenges faced by Global Economy

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