LinkedIn Live
The global economy relies on international trade and interconnected communities, businesses, and networks.
But after decades of global economic integration, the world is now facing increasing levels of financial fragmentation.
A new report by Economist Impact, commissioned by Swift, estimates global GDP losses from fragmentation ranging from -1.2% by 2030 in the best-case scenario, to almost -6% (the equivalent of $6.5 trillion) in the worst case. And millions of jobs could be impacted or fail to materialise.
In this LinkedIn Live, Swift's Shriyanka and Economist Impact's John Ferguson will take you behind the data to understand the effects of fragmentation on countries, economies, businesses and people's lives, as well as the critical steps policymakers, financial institutions, and others can take to mitigate its impact.