{"id":2014155,"date":"2023-08-28T11:36:01","date_gmt":"2023-08-28T15:36:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/post-pandemic-world-facing-gloomy-stew-of-debt-trade-wars-and-poor-productivity\/"},"modified":"2023-08-28T11:40:04","modified_gmt":"2023-08-28T15:40:04","slug":"post-pandemic-world-facing-gloomy-stew-of-debt-trade-wars-and-poor-productivity","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/post-pandemic-world-facing-gloomy-stew-of-debt-trade-wars-and-poor-productivity\/","title":{"rendered":"After the pandemic, the world confronts a bleak mix of debt, trade conflicts, and low productivity."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">32<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpost-pandemic-world-facing-gloomy-stew-of-debt-trade-wars-and-poor-productivity%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2014155&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><strong>Record levels \u200cof government debt, geopolitical tensions, and weak productivity gains may shape a \u200cslow-growth \u2062future\u200b that hinders \u200ddevelopment \u200cin some countries before it even begins.<\/strong><\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>The Kansas City Federal Reserve organized a\u200d research project that\u200d delved\u2062 into the post-pandemic global economy during\u200b a\u2063 recent conference in Jackson Hole, Wyoming. The discussions covered topics such as technological innovation, public debt, and international trade. However, the current geopolitical landscape, including the Russian invasion of Ukraine and the U.S.-China conflict, has eroded the once-broad global agreement to promote the free flow of goods and services.<\/p>\n<p>According to International Monetary Fund chief economist Pierre-Olivier Gourinchas, countries are now operating in a more fragile environment due \u200dto the depletion of fiscal resources during the pandemic \u200band the growing trade tensions \u200bbetween the West and China.\u200b Gourinchas warned that if certain parts of the world\u2063 remain stagnant and fail to catch up in terms of development, \u200bit could lead to significant demographic and migration pressures.<\/p>\n<p>Experts at the conference \u200cexpressed concerns that global growth may settle at around 3% annually, a figure significantly lower than the \u200crates seen\u200b during China&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/yellen-says-failing-to-raise-federal-debt-limit-will-trigger-historic-financial-crisis\/\" title=\"Yellen Says Failing To Raise Federal Debt Limit Will Trigger \u2018Historic Financial Crisis\u2019\">rapid economic expansion<\/a>. The emerging pandemic economy has created a challenging global growth environment, with China facing \u2063chronic economic problems and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/post-pandemic-world-facing-gloomy-stew-of-debt-trade-wars-and-poor-productivity\/\" title=\"After the pandemic, the world confronts a bleak mix of debt, trade conflicts, and low productivity.\">industrial\u200c policies reshaping global production chains<\/a>.<\/p>\n<p>The \u2063symposium aimed to assess the long-term economic\u2064 implications of the pandemic and recent geopolitical tensions. Economists\u200d and policymakers agreed\u200c that two\u2063 pre-pandemic trends have been \u2062intensified by recent events. The ratio of public debt to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pinkerton-bidens-green-new-deal-china-first\/\" title=\"Pinkerton: Biden's Green New Deal = China First\u00a0\">world economic output<\/a> has risen to\u200c 60%, making significant debt reduction politically unfeasible. \u200dThis could lead \u200cto future debt crises and fiscal constraints\u200d for\u2064 smaller nations. Additionally, the rising protectionist \u2064policies, from tariffs to reshoring efforts, have fractured the once-promising partnerships created by globalization.<\/p>\n<p>While the pandemic has raised\u2062 valid concerns about global supply resilience, World \u2063Trade \u200dOrganization Director-General Ngozi Okonjo-Iweala \u2064argued that reordering\u200b global production patterns may \u2062hinder growth opportunities. She emphasized the importance \u200cof \u2063diversifying trade and including marginalized countries in the global\u2064 system.<\/p>\n<p>Despite these challenges, there is hope that \u2062advances in artificial intelligence\u2064 could drive higher productivity. However, the potential benefits may be slow to \u2063materialize, \u2063as \u2063innovation becomes increasingly difficult.<\/p>\n<p>Overall, the post-pandemic \u200cworld is facing a gloomy outlook, with governments grappling with\u200d high levels of debt, geopolitical tensions reshaping global trade, and the uncertain\u2064 impact of technological advancements.<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/post-pandemic-world-facing-gloomy\/attachment\/a-former-christmas-tree-shops-store-stands-empty-in-somerville\/\"><\/a><\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/post-pandemic-world-facing-gloomy\/attachment\/pedestrians-pass-the-storefront-of-an-empty-and-shuttered-retail\/\"><\/a><\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/post-pandemic-world-facing-gloomy\/attachment\/a-man-walks-in-the-central-business-district-on-a\/\"><\/a><\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/post-pandemic-world-facing-gloomy\/attachment\/file-photo-tropical-storm-hilary-hits-baja-california-state-in\/\"><\/a><\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/post-pandemic-world-facing-gloomy\/attachment\/file-photo-imf-roundtable-on-tackling-public-debt-during-imf\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Hollywood is mourning \u200bthe death of iconic game-show\u2063 personality Bob Barker. Here\u2019s more on the stars legacy.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>This week has \u2063been filled With major headlines in the U.S. and \u200baround the world. One America\u2019s Rachel \u2064Acenas has more in our Week In Review.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Dr. Tabia Lee ,\u200d a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-admin-is-proposing-another-appliance-crackdown-ceiling-fans\/\" title=\"Biden Admin Plans New Ceiling Fan Regulations\">black diversity equity inclusion director<\/a> at a\u200d California\u200d college, says she was recently fired \u2063for asking questions.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>U.S. \u2063District Judge Tanya Chutkan is holding \u2064a hearing on Monday, August 28th to\u200c determine a \u200btrial date in\u2062 former President Trump\u2019s D.C. case. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>STOCKHOLM (Reuters) -Sweden\u2019s Ericsson predicted on Friday intellectual property rights (IPR) licensing income of \u206411 billion Swedish crowns ($1 billion) this year\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Hannah Lang (Reuters) -Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users\u2019 \u200csales and \u2064exchanges\u2026\u2063 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Hannah Lang (Reuters) \u2013 Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on\u200c users\u2019 sales and\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Aditi Shah, Aditya Kalra and Nikunj Ohri NEW DELHI (Reuters) -India is working on a new\u200d electric vehicle\u2063 policy\u2064 that would\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>possible future was laid out by former Federal Reserve Chair Janet Yellen at a conference in Jackson Hole, Wyoming. Yellen warned that the combination of high debt, trade conflicts, and low productivity could hinder economic progress and hinder the development of certain nations.<\/p>\n","protected":false},"author":66,"featured_media":2014156,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2014155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2014155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2014155"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2014155\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2014156"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2014155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2014155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2014155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}