Bloomberg Agency named the main global economy risks in 2022

Bloomberg’s Analysts have named three main risks could have a negative global economic impact in 2022. The first one is the omicron. It is not yet clear what degree of threat the new coronavirus strain will pose to the world. If its danger is higher than other strains, then the global economy growth rate could slow down to 4.2% the next year. If the omicron does not create serious problems for humanity, then the volume of world GDP will increase by 5.7% in 2022. The agency’s analysts also noted the growing tension between Ukraine and the Russian Federation might cause a significant rise in gas prices. This will create global economic additional difficulties. They called the third risk a possible military confrontation between the United States and China over Taiwan. However, it is likely that this conflict will be limited to sanctions only. But they could lead to the semiconductor production cessation in Taiwan, which would be a blow to the entire global economy. Nevertheless, many experts are quite optimistic about the near future. They believe the global economy will fully recover in 2022. National governments will complete incentive programs. Inflation will decline.

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Arseny Kudrin

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