The main risks to the global economy

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Photo: Gustavo Garello / AP

The main short and medium term risks facing the world economy currently is the growing financial vulnerability, increasing tension in the trade and geopolitics, and structural inequality and weak growth. This is stated in the communiqué of the meeting of Ministers of Finance and heads of Central banks G20 in Buenos Aires, reports RIA Novosti.

According to the “twenty”, the world economy continues to grow, but developing countries are struggling with market volatility and capital flight. At the same time notes the resilience of global economic growth and the lowest during the last ten years the levels of unemployment.

The document States that many emerging economies are now better prepared to changing external conditions. The parties agreed to continue to monitor risks and to take action if they materialsource.

Video, photo All from Russia.

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