IMF Official Cautions against the Fragmentation of Global Trade

IMF official cautions against global trade fragmentation “..under the surface, there are increasing signs of fragmentation,” she said. “Trade and investment flows are being redirected along geopolitical lines.” An International Monetary Fund official said the global economy is becoming more fragmented along economic and national security lines and offered suggestions on how to address the situation. In a speech to the Stanford Institute for Economic Policy Research on Tuesday, Gita Gopinath, IMF first deputy managing director, said “global economic ties are changing in ways we have not seen since the end of the Cold War”. “Countries are reevaluating their trading…