Zhou Xiaochuan: Global debt and financial risks warrant attention at the twentieth anniversary global annual meeting
xnyykd222
发表于 2023-10-28 15:05:21
1353
0
0
“The global debt and financial risks are of concern to central banks of major developed economies or to maintain a high interest rate environment for a longer period.” On 28 October, the Co-Chair of the International Finance Forum and former Central Bank President Zhou Xiaochuan noted at the annual global meeting on the twentieth anniversary of the International Finance Forum (IFF) that international trade and investment were currently growing at a much slower pace, with slow and uneven global economic recovery and increased uncertainty as a result of a combination of risks such as unilateralism, geopolitical, military conflict, inflation, international debt and industrial chain restructuring.
Zhou Xiaochuan mentioned that the latest report issued by the IMF in October indicated that global economic growth was expected to slow from 3.5 per cent in 2022 to 3.0 per cent in 2023 and 2.9 per cent in 2024, well below the average of 3.8 per cent for the period 2000-2019. As for the rate of increase in global economic indicators in 2024, other international agencies are also expected to be relatively low, with WTO predicting 2.5 per cent and OECD predicting 2.7 per cent. At the same time, while the global rate of inflation has slowed, core inflation remains more adhesive and declining slowly. The IMF predicts that global inflation will fall from 8.7% in 2022 to 6.8% this year, but inflation in most countries will not reach the central bank target until at least 2025.
“We need to learn to use the `gold key' of peace, development, cooperation and win-winness to solve the current set of problems facing the world economy, international trade and investment.” Zhou Xiaochuan said that, in the face of economic challenges, countries should strengthen their coordination and cooperation in dealing with them, and should adhere to the right direction of globalization, safeguard multilateralism and avoid “stitching” walls and economic coercion. An open world economy was to be built against protectionism and to avoid the misuse of national security arguments to restrict trade and investment. The reform of the World Trade Organization should be actively pursued, making full use of regional cooperation mechanisms and new trends in regional economic integration, and should actively promote free trade and investment. There was a need to strengthen the coordination of national macroeconomic, financial and regulatory policies and to avoid new imbalances caused by unilateralism and unilateral sanctions. In particular, the severe impact on developing countries of the spillover effects of austerity policies in developed economies should be managed. There is a need to focus on practical cooperation in many areas, particularly in such important areas as the digital economy, climate change, green development and supply chains, and to introduce new dynamics into the world economy.
Zhou Xiaochuan stated that, over the past 20 years, the IFF had taken the initiative of playing its role as a permanent mechanism for international dialogue, actively promoting communication and exchange on key issues of global economic finance, and had played its unique role in fostering international financial community exchanges and cooperation to help the world economy achieve sustainable development.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- BlackBerry announces that over 255 million cars worldwide are equipped with the QNX software system
- Global chip stocks evaporate $420 billion after ASML sales warning
- Tesla's Supercharging Stations Exceed 60000 Worldwide
- Samsung's US factory delays receipt of ASML lithography machines
- The next government is under immense pressure! US debt interest burden hit a 28 year high
- Alibaba International Station, as the only invited cross-border e-commerce platform, appeared at Sibos Annual Conference
- The "Little Pony" card is unveiled globally, accelerating the globalization of card games
- Xiaoma Zhixing hits the "world's first Robotaxi stock", and the "iPhone moment" of autonomous driving is approaching
- The world's first universal autonomous driving stock! Wenyuan Zhixing listed on NASDAQ
- Behind the abnormal sell-off of US Treasury bonds: Has a debt crisis begun to emerge?
-
苹果知名分析师郭明錤周四(10月31日)在社交媒体上发文表示,苹果明年可能会减少对芯片制造商博通Wi-Fi芯片的依赖,并推出自己的处理器。 郭明錤在社交媒体平台X上写道,“在2025年下半年的新产品(例如iPh ...
- uturn
- 昨天 14:42
- 支持
- 反对
- 回复
- 收藏
-
10月30日,小鹏汽车生态企业小鹏汇天宣布,旗下分体式飞行汽车“陆地航母”即将亮相2024中国航展,11月12日将在中国航展第二展区(斗门莲洲)进行全球首次公开飞行,同时“陆地航母”也将在珠海国际航展中心8号 ...
- yxtianyouyou
- 前天 11:43
- 支持
- 反对
- 回复
- 收藏
-
交易所监管文件显示,当地时间11月1日,亚马逊创始人杰夫·贝索斯拟出售约1635万股亚马逊股票,预计套现约30.5亿美元。今年7月,贝索斯已申请额外出售约2500万股亚马逊股票,按当时股价计算可套现约50亿美元。 ...
- blueskybb
- 10 小时前
- 支持
- 反对
- 回复
- 收藏
-
近日,凯撒海湾目的地(山东)运营管理有限责任公司(简称“凯撒海湾”)与携程旅悦集团签署战略合作协议,双方将围绕“海上目的地运营”、“旅游产品与服务创新”、“研学旅行”、“日韩及海外旅游市场开拓”等 ...
- llyyy2008
- 9 小时前
- 支持
- 反对
- 回复
- 收藏